Answer:
By the late nineteenth century, big businesses and giant corporations had taken over the American economy. Consumers were forced to pay high prices for things they needed on a regular basis, and it became clear that reform of regulations in industry was required. The loudest outcry was against trusts and monopolies. Trusts are the organization of several businesses in the same industry and by joining forces, the trust controls production and distribution of a product or service, thereby limiting competition. Monopolies are businesses that have total control over a sector of the economy, including prices.
Trusts are problematic for several reasons. Monopolies develop from trusts and give total control of a specific industry to one group of companies. Owners and top-level executives of monopolies profit greatly, but smaller businesses and companies have no chance to make money at all. Trusts also upset the idea of capitalism, the economic theory upon which the American economy is built. In a capitalist society, all businesses have an equal opportunity to thrive based on competition. When monopolies and trusts exist, competition cannot.
A) regulates the oil production and supply on the world's market
In the short term, the Organization of Petroleum-Exporting Countries (OPEC) has significant influence on the price of oil. ... For example, if OPEC countries are unsatisfied with the price of oil, it is in their interests to cut the supply of oil so prices rise.
As tension between the democratic countries and the communist USSR<span> grew during the cold war, Germany was divided into just two parts: the Federal Republic of Germany, with West </span>Berlin<span>, and the German Democratic Republic, with East </span>Berlin<span>. The west was democratic and capitalist.</span>
