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Liono4ka [1.6K]
3 years ago
6

what was one advantage that corporations of the late 1800's had over individually owned businesses is that corporations?

Social Studies
1 answer:
Mademuasel [1]3 years ago
3 0
Large corporations could easily gain monopolies in their field. A monopoly is when one corporation controls all or most of a certain aspect. For example, if you were the only person to sell lemonade on a hot day, you would have a monopoly in the lemonade business. You'd be able to charge however much you wanted for your lemonade because there would be no competition.

Large corporations were more powerful than small businesses. Due to this, they could easily make more money.
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Libertarianism is a political theory that promotes liberty as a fundamental principle (from French: libertaire, "libertarian"; from Latin: libertas, "freedom"). By putting an emphasis on pluralism, cosmopolitanism, cooperation, civil and political rights, bodily autonomy, free association, free trade, freedom of expression, freedom of choice, freedom of movement, individualism, and voluntary association, libertarians seek to maximize autonomy and political freedom and minimize the state's encroachment on and violations of individual liberties. Although libertarians frequently view authority, state power, war, militarism, and nationalism with skepticism or resistance, some libertarians have different views on the extent of their opposition to current economic and political systems.

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Letter D is the correct answer.

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