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UNO [17]
3 years ago
7

Why might the lack of competition resulting from business mergers tend to lead to market failures?

History
1 answer:
NNADVOKAT [17]3 years ago
7 0
If businesses merged too much, they would get into a position where they could control the entire market. They could then dictate the prices completely for the purpose of profit and this might be bad for the people. People wouldn't have the money to procure goods and the market and the economy would completely become ruined.
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WILL GIVE BRAINLIEST
S_A_V [24]

Answer:

Raw materials than england taxed!

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I hope this helped!

4 0
3 years ago
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Ronch [10]

Answer:

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How did the independence movements in india and algeria differ? please help!!
Gnoma [55]
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5 0
3 years ago
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Colt1911 [192]

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7 0
3 years ago
Read 2 more answers
Southerners complained that their economy was crippled by the __________. Embargo Acts Tariff of 1828. Tariff of 1832. Alien &am
4vir4ik [10]

1) Southerners complained that their economy was crippled by the Embargo Acts Tariff of 1828. The “Tariff Act of 1828”, also called the “Tariff of Abominations” by Southern states since they saw this act as a menace to their economy. With the passing of this act, the south had to pay higher prices for the goods they did not manufacture and at the same time they had problems to sell their good (cotton) to their main buyer, Great Britain.  

2) The South Carolina politician that became known as the “Father of Nullification” was “John C. Calhoun”. John C. Calhoun was a Southern politician that strongly disagreed with the tariff act of 1828 and advocated for its nullification. At the time of the passing of the act John C. Calhoun was the US vice president.

3) The Nullification Crisis ended when the “Congress” passed a bill to “reduce” the tariff. In 1833 the congress passed the “Compromise Tariff of 1833” and this ended the Nullification Crisis as South Carolina accepted the act.


4 0
3 years ago
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