Question

read the excerpt and answer the question that follows.
other industrialists, including john d. rockefeller, merged the operations of many large companies to form a trust. rockefellers standard oil trust came to monopolize 90% of the industry. . . .
—\the industrial revolution in the united states,\ library of congress, www.loc.gov (accessed august 25, 2017)

1. what was one effect of the business practice described in the excerpt?

employees were prevented from buying stock
there was decreased competition among producers
consumers were denied access to goods
there was a lack of job opportunities for immigrants
clear all

Explanation:

When companies merge to form a trust and monopolize a large portion of an industry (like Standard Oil Trust monopolizing 90% of the oil industry), it reduces the number of competitors. Fewer competitors mean less competition among producers. Employees buying stock is not related to the trust - formation described. Monopolies don't necessarily deny consumers access to goods (they might just control prices). And there's no indication in the text about job opportunities for immigrants being affected by this business practice of forming trusts.

Answer:

There was decreased competition among producers.