1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
antiseptic1488 [7]
2 years ago
9

Why might a monopoly or a trust in a certain industry be bad for both consumers and workers?

History
1 answer:
marissa [1.9K]2 years ago
3 0

Answer:

Explanation:

Skilled workers in such an industry have to work for the trust/monopoly or not work in their skill set. This gives the employer much leverage in pay/benefit negotiations.

Since consumers have no choice but to buy from the trust/monopoly they have to pay (usually) higher prices than they would if there were competition between businesses owned by different people.

Without competition there might be little incentive to improve product quality and to develop new products.

Because the workers don't do there job and the customers get mad and leave

You might be interested in
Which countries lost their territories in the mandate system?
liberstina [14]

Answer: Germany and Turkey (Ottoman Empire)

Explanation: Germany and the Ottoman Empire (present day Turkey) lost all their territorial possessions in the Middle East, Africa, Asia, and the Pacific.

7 0
3 years ago
Read 2 more answers
What is not a way that interest group achieve their goal
sergejj [24]
The apply direct pressure to legislators.
7 0
3 years ago
What are the answers pleaseee help
Hatshy [7]
I think 
Fairy Tales
Family
5 0
3 years ago
How did the dictators set the stage for World War 2?
nataly862011 [7]

The primary drizzling affair was the attack of Poland by Nazi Germany on September 1, 1939, and the following words of war on Germany. Made by Britain and France, but many further previous events have been suggested as leading reasons.

3 0
2 years ago
What life was like in Jamestown
olya-2409 [2.1K]
Terrible. Jamestown had harsh winters and mild dry summers. They landed in winter, and almost all the settlers died that first year. It was dry and muggy, it was also swampy. It obviously got better over time. The Native Americans really helped them too.
3 0
3 years ago
Read 2 more answers
Other questions:
  • How we’re working women affected after the war
    10·1 answer
  • Based on the quote below, what was the supreme court's decision on school prayer in the case of engel v. vitale?“in this country
    15·1 answer
  • Which situation is impossible under a representative democracy?
    11·2 answers
  • The piece of land that connects Egypt and what was once Mesopotamia was formerly known as
    8·1 answer
  • what was the name of the law in which the government gave a 160 Acre Farm to anyone willing to work on and improve that land
    5·2 answers
  • What does Churchill mean by an "Iron Curtain having fallen across<br>​
    13·1 answer
  • 15 points!! Please help me out! What were the events leading up to the dissolution of the soviet union that caused the dissoluti
    10·1 answer
  • Based on the theory of supply-side economics, how does cutting taxes encourage economic growth?
    8·2 answers
  • Which definition applies to the term jurisdiction?
    6·2 answers
  • Only 14.9 million livres were spent in public works. What does this show ?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!