Question

How was the us economy affected the creation of business monopiles in the late1800

Answer 1

By creating monopolies and establishing trusts, industrial leaders of the late 1800s were able to accumulate vast amounts of wealth. This time period saw the greatest economic growth in American history, but the vast majority of the profit that was generated stayed in the pockets of men like J.P. Morgan, John D.


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Answer 2

By creating monopolies and establishing trusts, industrial leaders of the late 1800s were able to accumulate vast amounts of wealth. This time period saw the greatest economic growth in American history, but the vast majority of the profit that was generated stayed in the pockets of men like J.P. Morgan, John D.

Step-by-step explanation: