1. Which was the immediate goal of the standard Oil Company when it lowered its prices?

Social Studies

2 answers:

Leviafan [203]3 years ago

6 0

Yes Those Are Correct

S_A_V [24]3 years ago

5 0

The correct answer to number 1 is to outcompete rival businesses.

By lowering prices, Standard Oil Company ensured that citizens and other companies bought their product. This resulted in decreased competition, as other businesses could not compete with their low prices.

The correct answer to number 2 is D) Individual business owners set prices to compete for businesses.

A free market economy is one in which there is little government interference in terms of setting prices. Rather, the "invisble hand" (aka competition) between businesses helps to determine what the actual price will be for the consumers.

The correct answer to number 3 is A)They formed monopolies or trusts.

Monopolies and trusts are when an individual or multiple companies work together to corner a specific market. This results in a drastic decrease of competition, allowing for the monopoly or trust to set whatever price they want for a good or service.

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ruslelena [56]

Answer:

listen to and compromise with others

Explanation:

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Mila [183]

True seems the best answer to pick

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2 years ago

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sweet [91]

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3 years ago

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Most of the families who homesteaded in the west were happy and healthy, enjoyed the work, and were rewarded with bountiful harv

Gemiola [76]

The statement "Most of the families who homesteaded in the west were happy and healthy, enjoyed the work, and were rewarded with bountiful harvests." is a true statement.

This is further explained below.

<h3>What are harvests?</h3>

Generally, the time of year when agricultural crops are ready to be gathered at the beginning of the harvest.

In conclusion, Those who homesteaded in the West generally had a positive experience, with most families reporting high levels of contentment, good health, and abundant harvests.