Question

The use of pools and holding companies benefited which of these groups during the late 19th century and early 20th century?

Answer 1

Answer: industrialists

In the late 19th century and early 20th century, businesses used pools and holding companies to increase their profits and eliminate their competition. This was done through the creation of a monopoly (a business controlling the majority of all the market for a good or service). Since "industralist" is a tern thats defined as a person involved in the ownership and management of industry, then it can be inferred that they were the people who benefited of the use of pools and holding companies.

Answer 2

The use of pools and holding companies benefited the following group during the late 19th and early 20th century:

• Industrialists.