Question

3) By 1890, trusts had enabled 10% of the U.S. population to control 75% of the nation's wealth. C

O True
O False

Answer 1

By 1890, trusts had enabled 10% of the U.S. population to control 75% of the nation's wealth.

Step-by-step explanation:

The statement is true. By 1890, trusts had enabled 10% of the U.S. population to control 75% of the nation's wealth. Trusts were large business combinations formed to eliminate competition and consolidate power in key industries. They allowed a few wealthy individuals to exert significant control over the economy and accumulate immense wealth.

Learn more about Trusts and wealth inequality