<span>Cartels could fix prices and sell at a loss to strangle out competition. Then raise prices afterward which would cover all previous losses.
They could generate income by horizontal integration which would be possibly controlling all retail sales of a certain product.
They could also generate income through vertical integration which meant owning a large portion of the industry (possibly mining) which provided the raw material, the means of production (factories, for example), the means of transporting the product to market (rail roads for example), and even owning the means of selling the product(s) (retailing). They could set the price and costs all along the way. They could also exploit their workers by being the 'only show in town' and therefore setting wages low and working hours high. If a vertically integrated company had to show their books to government auditors they could try to make a case to show a small advantage over competitors at each level of their operation which would come out overall as a major advantage which could put others out of business.
A couple of industries to look at would be the railroads and oil. People to research: Andrew Carnegie, J. D. Rockefeller and other industrialists/robber barons. A student may want to read the works of some of the 'muckrakers' of the era.</span><span>
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Answer:
<em>A and C</em>
Explanation: I took the Quiz
Answer: The Whiskey Rebellion was the first test of federal authority in the United States. This rebellion enforced the idea that the new government had the right to levy a particular tax that would impact citizens in all states.
Explanation: Whiskey Rebellion, (1794), in American history, uprising that afforded the new U.S. government its first opportunity to establish federal authority by military means within state boundaries, as officials moved into western Pennsylvania to quell an uprising of settlers rebelling against the liquor tax.
Benjamin Franklin is one.
Answer:
B is the answer.
Explanation:
The whole reason for exploration in the Americas was because many major powers wanted to go to China or India to get valuable resources. Christopher Colombus thought sailing west would work, but he ended up in the Americas.
