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morpeh [17]
3 years ago
5

In what way did monopolies, like Standard Oil, affect economic competition?

History
1 answer:
qwelly [4]3 years ago
6 0

Answer: C. Monopolies decreased competition through controlling the prices of goods.

Explanation:

By controlling the price of goods, monopolistic companies did not leave room for competition. In addition to price control, the monopolistic system implies the absence of competition in the market. President Roosevelt has dealt with monopolies in the United States in all economic sectors. In this way, he created a fairer market and gave an equal opportunity for all.

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Napoleon grew to authority as a result of his military successes. He was a well-known officer from France who received international popularity because of his ruling pattern. He had promised the common people to provide peace and stability due to which they supported him.

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