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kodGreya [7K]
3 years ago
8

Why did monopolies come about?

History
1 answer:
r-ruslan [8.4K]3 years ago
8 0

Answer:

5  Congress enacted it in 1890 when monopolies were trusts. A group of companies would form a trust to fix prices low enough to drive competitors out of business. Once they had a monopoly on the market, they would raise prices to regain their profit. His monopoly allowed him to control the price of oil.

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Be able to put the following events in Chronological Order.
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Explanation:

Roanoke Colony  (1585)

Jamestown  (1607)

Plymouth Colony  (1620)

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King William's War  (1688–1697)

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King George's War  (1744-1748)

French & Indian War  (1754-1763)

Treaty Of Paris (1763)

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Lexington & Concord  (1775)

Declaration of Independence  (1776)

French Alliance  (1778)

Yorktown  (1781)

Treaty of Paris (1783)

Shay's Rebellion  (1786-1787)

US Constitution  (1787)

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