>>> Trusts are ILLEGAL today - Why? 1
>>> What is GOOD about competition?
>>> What can happen when competition is destroyed?

Explanation:

Competition is essential because it leads to one very important thing, innovation. People are always looking for products with more features and capabilities, products that cost less but can do more, and products that just plain solve their needs/wants better than any other product can. Sometimes evil competitors will try to destroy your good reputation, ... This can happen to you, and you wouldn't know about it if ...

the outcome of 1970 oil crisis in united states was that, they began to search ways on how to reduce oil.

in 1970 was a period when there were energy and oil crisis. those who were major centers for industrialization were forced to keep way from supplying of petroleum.

some of the result of this crisis was economic growth became stagnant because prices of oil surged.

due to the increased prices some countries like mexico and norway benefited.

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