History, 10.06.2021 16:30 amaurio908

HELP ME ASAP PLEASE! 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. fraud and corruption among business leaders and elected officials.
D. ability for the remaining large firms to compete in foreign markets.

Answers: 2

Show answers

Another question on History

History, 21.06.2019 18:00

1) this was the intellectual, philosophical, and artistic movement that began in italy in the 14th century.

Answers: 2

Answer

History, 21.06.2019 18:30

How does the grapes of wrath identify the effects of americans' views on the dust bowl? the story is a depiction of oklahoma farmers and the difficulties they experienced migrating to california. the story accurately describes the impact the california vineyard industry had on migrant workers. the story covers the rise of corporate farming and the devaluation of the small family farms that dotted the great plains. the story is an allegory for the conflicts between american values and the rise of the communist party in the united states.

Answers: 3

Answer

History, 22.06.2019 00:50

Which action by the us war department angered chief red cloud to the point that he refused to sign the treaty of fort laramie ? a) the killing of buffalo by the united states troops b) the appointment of troops to the powder river basin c) the burning of parts of the powder river basin d) the murder of chief red cloud’s wife

Answers: 1

Answer

History, 22.06.2019 05:00

Ive been stuck on this question! which of the following statements about the economic consequences of the civil war is not accurate. a. inflation caused prices to rise by 80% in the north. b. because southern farms could not produce enough food for everyone in the south, the union navy allowed food shipments from britain. c. to pay for all of the food, supplies and armaments that were necessary for the union army, congress instituted an income tax. d. business bloomed in the north as factories and farms always had a market for the products.

Answers: 2

Answer

You know the right answer?

HELP ME ASAP PLEASE! Read the passage.

Morgan originated, and made large profits from,...

Questions