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How did railroad companies compete with each other for business?
bcoz all the people started to conpeting each other in a result all companies lost money
What was the pick axe in the gold rush used for?
During the gold rush of 1849 CE, people used several different mining methods. Pickaxes were used both to break apart and dig in the ground as well as to break apart large stones.Ê
Describe the global economy after deindustrialization?
Large companies began locating their production facilities outside their home countries. This was small scale until World War II then it dramatically expanded, especially after 1970.
What was the goal of trust-busting int the early 1900s?
The goal of trust-busting in the early 1900s was to dismantle monopolies and promote fair competition in the marketplace. This movement, spearheaded by figures like President Theodore Roosevelt, aimed to prevent large corporations from abusing their market power, which often led to higher prices, stifled innovation, and limited consumer choices. Trust-busting sought to protect consumers and small businesses, ensuring a more equitable economic environment. Key legislation, such as the Sherman Antitrust Act, was implemented to regulate and break up monopolistic practices.
How did large corporations come to dominate American business?
Under normal circumstances, and I'll the United States as an example, small corporations become large ones such as Microsoft, because they have a patented product that becomes a high demand one. Microsoft came to dominate the software market as other software companies could not compete with their own software products.
What did progressives wanted to break up and regulate large companies?
trusts~apex
Most progressives want to break up what and regulate large companies?
trusts~apex
What had the progressives typically?
They objected to the high prices charged by large utility companies.. apex
Why were progressives concerned about industrial concentration?
concentration ended up giving the large companies too much power.
progressives typically had which of the following attitudes toward the business community?
they objected to the high prices charged by large utility companies
What did most progessives want to brek up and regulate large companies?
trusts
What did most progressives want to break up?
Most progressives aimed to break up the monopolies and large corporations that dominated the economy in the late 19th and early 20th centuries. They believed these entities stifled competition, harmed consumers, and contributed to widespread economic inequality. Progressives advocated for regulatory reforms and antitrust laws to promote fair business practices and ensure that no single entity could wield excessive power over the market or political system.
What are examples of oligoplies?
Utility companies ie. Gas, Water, Electricity. A few large companies which dominate the market. Small businesses cannot break into market due to high barriers of entry.
Most progressive wanted to break up what?
Most progressives wanted to break up large corporations and monopolies, particularly in industries such as finance, telecommunications, and energy. They believed that these powerful entities stifled competition, exploited workers, and undermined democracy. Progressives aimed to promote economic equality and ensure fair opportunities for small businesses and consumers. This movement was a response to the growing influence of corporate power in politics and society during the late 19th and early 20th centuries.
What is the difference between large and small companies do break even analysis?
Large companies enjoy economies of scale, but they also become much more complicated and difficult to manage (and executives may demand enormous salaries and bonuses). There are too many variables, considering that we haven't narrowed it down to any particular kind of business, to do a break-even analysis.
How did Wilson earn the respect of progressives?
because he mae many large efforts to improve political problems in the 1900's
What did progressives work against monopolies?
Progressives worked against monopolies in the late 19th and early 20th centuries by advocating for antitrust laws and regulations aimed at promoting competition and protecting consumers. They believed that monopolies concentrated power and wealth in the hands of a few, stifling economic opportunity and innovation. Key legislative efforts included the Sherman Antitrust Act of 1890 and the Clayton Antitrust Act of 1914, which aimed to break up large corporate trusts and prevent anti-competitive practices. Progressives also sought to raise public awareness about the negative impacts of monopolistic practices on society and the economy.
