Question

Which of the following best defines trustbusting?

Answer 1

D.
Trust busting is the manipulation of an economy, carried out by governments around the world, in an attempt to prevent or eliminate monopolies and corporate trusts.

Answer 2

The statement that best defines trust busting "dissolving business trusts and monopolies".

Answer: Option D

Explanation:

There are instances where trusts will be the owner of conglomerates. This leads to a monopoly in the industry which can sometimes be detrimental to the economy because by eliminating monopolies, economy can encourage competition in the market, which can benefit consumers and producers.

This was initiated by Theodore Roosevelt and is now common in a lot of countries. So, trust busting is the process of dissolving business trusts and monopolies. This is done by governments to remove monopolies.