subject
History, 23.05.2021 01:00 live4dramaoy0yf9

Read the passage. Morgan originated, and made large profits from, numerous other mergers. Acting as primary banker to numerous railroads, moreover, he effectively muted competition among them. His organizational efforts brought stability to American industry by ending price wars to the disadvantage of farmers and small manufacturers, who saw him as an oppressor. In 1901, when he established the Northern Securities Company to control a group of major railroads, President Theodore Roosevelt authorized a successful Sherman Antitrust Act suit to break up the merger.

–"J. P. Morgan and Finance Capitalism,”

Outline of U. S. History,

Alonzo Hamby

One result of decreased competition within a market is notably increased

A. access to innovative goods and lower long-term prices for consumers.

B. tax revenue for state and local governments.

C. and corruption among business leaders and elected officials.

D. ability for the remaining large firms to compete in foreign markets.

ansver
Answers: 3

Another question on History

question
History, 21.06.2019 21:30
Which fact would this be, and how might you verify the truth?
Answers: 3
question
History, 21.06.2019 23:30
How was george washington able to defeat the british in the battle of trenton and princeton
Answers: 2
question
History, 22.06.2019 02:20
What did this mean for dred scott? a.scott was not a citizen of the united states. b.scott was the property of the federal government. c.scott had no right to sue for his freedom in court. d.scott was considered the property of the slaveholding family.
Answers: 1
question
History, 22.06.2019 10:00
Witch group did the vast majority of the french population belong to
Answers: 1
You know the right answer?
Read the passage. Morgan originated, and made large profits from, numerous other mergers. Acting as...
Questions
question
English, 18.05.2021 18:40
question
Mathematics, 18.05.2021 18:40
question
Mathematics, 18.05.2021 18:40
question
Mathematics, 18.05.2021 18:40
Questions on the website: 13722363