<span>Andrew Carnegie in steel and John D. Rockefeller in oil industry built fortunes by buying the competition, thus creating monopolies that could charge prices much higher than costs and earn large profits.
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Answer:
- Transparency.
Explanation:
'Transparency' is exemplified as the process that reflects a conscious or deliberate attempt to ensure that all the reasonable legal information is available before all the members of the group or people involved in the process(either in business or governmental context) regardless of the fact that the information is positive or negative in essence. This timely, accurate objective and unequivocal display of information reflect the virtue of honesty and candor which are the chief essentials of effective governance.
Literally did an idiotic thing which limited his power. he was very unpopular with the people and especially the barons.. thats why. he was forced