Answer:
Monopolies are bad for the economy because lack of competition allows a few to set prices, stagnate competition.
Explanation:
How did the rich take advantage:
The rich had ready capital to either buy out smaller competitors or drive them out with undercut prices until the competitor failed, then prices to consumer went back up even higher.
It happened in the early industrial revolution: Rockefeller/Standard Oil,
Carnegie and JP Morgan= Steel industry
Still going on today, especially in the tech arena.
Able to manipulate what we buy, the way we think, etc.
We need to be responsible, situationally aware consumers.
Explanation: it stands for a balance between the market and the states a balance between individual and the community.
Someone who runs a successful business but has some robber Barron qualities. A robber Barron will do anything to get to the top
I took this today its a and c
Montesquieu concluded that the best form of government was one in which the legislative, executive, and judicial branches were separate and kept each other in check so that no branch became too powerful.
The concept of dividing government power into three branches was dubbed "separation of powers" by Montesquieu.
He believed it was critical to establish separate branches of government with equal but distinct powers. In this manner, the government would avoid vesting too much power in a single person or group of people. According to Montesquieu, there are three types of governments: republican governments (which can be democratic or aristocratic), monarchies, and despotisms.
Montesquieu concluded that the best form of government was one in which the legislative, executive, and judicial branches were separate and kept each other in check so that no branch became too powerful.
Learn more on Montesquieu-
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