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Why did government officials allow monopolies to operate without strong regulations during the Gilded Age?

O They believed monopolies would keep competition alive.
O They believed monopolies were responsible for the growth of the economy.
O They believed monopolies would treat their workers well.
• They believed monopolies were the most successful way for businesses to make a profit.

User Jacob Ras
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2 Answers

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Answer:

A ) Officials believed monopolies were responsible for the growth of the economy.

Step-by-step explanation:

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Why did government officials allow monopolies to operate without strong regulations-example-1
User CLo
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They believed monopolies were responsible for the growth of the economy

a) cannot be true, as monopolies are the opposite of competition.

c) is also not accurate

d) might be accurate but it doesn't explain why the government was interested in allowing this - and b) does.

User Marisella
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