3 years ago

What techniques were used by carnegie and others to consolidate their industries? how did state governments respond?

1 answer:

5 0

Some of the techniques that Carnegie and other capitalists used include cutthroat techniques to acquire or destroy competitor. These included temporarily undercutting prices of competitors until they went out of business or to make them sell out. Some states enacted anti-trust laws, but limited to intrastate.

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