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How did monopolies and finance capitalism rise in Britain, Germany, and the USA during monopoly capitalism?

a. Through government intervention and regulation

b. Due to increased competition among small businesses

c. Driven by technological advancements and innovation

d. As a result of economic consolidation and strategic alliances

1 Answer

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Final answer:

Monopolies and finance capitalism rose in these countries as a result of economic consolidation and strategic alliances, leading to large corporations controlling entire industries. Government intervention and regulation, including anti-monopoly legislation, were enacted to counter these monopolies, uphold competition, and prevent market failures.

Step-by-step explanation:

The rise of monopolies and finance capitalism in Britain, Germany, and the USA during monopoly capitalism can best be identified as d. As a result of economic consolidation and strategic alliances. This period was characterized by the rapid growth of businesses during the Industrial Revolution, leading to the creation of large corporations capable of controlling entire industries. These corporations monopolized the production cycle from raw materials to retail, using their financial power to either buy out or suppress any competition that arose.

In reaction to these growing monopolies, the government intervened. In the United States, predatory tactics and the establishment of monopolies prompted the government to pass a series of anti-monopoly legislation starting in the late 1800s. These laws regulated industries and sought to break up existing monopolies, aiming to preserve competition and protect consumers. American Exceptionalism shaped a landscape where such government and business regulations were implemented in the spirit of maintaining a competitive, yet fair, market system.

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