History, 28.01.2020 14:59 txayrion

Why did business owners in the late 19th century attempt to establish trusts

Answers: 2

Show answers

Answers

Answer from: dexy8683

The answer is: because bussinessman want to consolidate as much power as they can in large corporate companies.

Explanation:

It all started during the Second Industrial Revolution when the Standard Oil's General Solicitor helped Rockefeller to consolidate his control over the acquisitions of Standard Oil.

A corporate trust is used to refer to near-monopolies that are embodied as a group of corporations that tend to cooperate between them in different ways. These ways include from constituing trade association to owning stock in one another and more.

However, these trusts were acusated of seeking for abuse of their market power to engage in anticompetitve bussiness practice. Therefore that later took place the Sherman Antitrust Act in 1890.

Answer from: Quest

Ending prohibition in oklahoma schools

Answer from: Quest

1. yes it was the new deal introduced lots of regulations to workers, such as the national labour relations act of 1935 which workers to form unions and protected the members from other laws as well as forcing businesses to listen to the unions and their workers

2.the new deal had a lot of great ideas. but when fdr created the national industrial recovery act. they set prizes and work hours for the workers. the workers made more money ($.40 rather than $.20) but because they did not work as much they would end up making less money. after a while the supreme court found this act to be un-constitutional. but sense the people weren’t making as much money they could not afford the products. even though the new deal was taken away in 1939 because the government became to powerful, there are still remnants of it in our government. national labor relations, social security, etc… the new deal alone did not end the depression but it the u.s.a dramatically and set them on the right track to recover and become the powerhouse of a country it is today.

3. yes it did bring some relief to those who were willing and able to work and it assisted in terms of creating new and strengthening existing infrastructure.

Another question on History

History, 21.06.2019 15:00

Describe the development of french settlements and beginning of conflict with the native americans near the st. lawrence river.

Answers: 1

Answer

History, 21.06.2019 17:50

How would lincoln's assassination change the direction of reconstruction? the radicals used this opportunity to take control of the plans. the south refused to cooperate with any plans after lincoln his death would put an end to all reconstruction plans. lincoln was too weak to carry out his plan and now it could be carried out.

Answers: 2

Answer

History, 21.06.2019 21:30

What is one way the spanish war of independence encouraged those in the colonies to seek new political and economic rights? colonies took advantage of spain’s weakened ability to prevent rebellion. the disruptions caused by the war encouraged colonial merchants to seek markets in the pacific. the exposure to french ideas through the war convinced many in spain to provide these liberties to the colonies. the war with france made spain tighten their political and economic hold on the colonies in desperation.

Answers: 1

Answer

History, 22.06.2019 01:30

Which of these is a role of congress? a) to veto legislation b) to pass the federal budget c) to nominate cabinet members d) to interpret the constitution 2) which of these is a power of the legislative branch? a) declare war b) enforces laws c) interprets laws d) negotiates treaties 3) a two/thirds vote of each house of congress is required to a) impeach the u.s. president. b) approve presidential appointments. c) pass an appropriation or tax bill. d) pass a bill over the president's veto. 4) the chief purpose of congressional committees is to a) draft legislation for consideration by the full congress. b) act as a group to which the president can direct his lobbying effort. c) provide a place for lobbyists and special interest groups to get support. d) hold hearings so that bills can be evaluated and studied prior to voting. 5) after a bill has been passed by both houses of congress it a) becomes a law. b) is sent to the president. c) returns to the house of origin for verification. d) is sent to a subcommittee in the house or senate. 6) house of representatives passes a spending bill → senate debates the spending bill → senate passes the spending bill → ? what completes this sequence of events? a) the spending bill becomes a law b) the states must approve the bill c) the supreme court reviews the bill d) the president must act on the bill eliminate

Answers: 1

Answer

You know the right answer?

Why did business owners in the late 19th century attempt to establish trusts...

Questions