Question

read each question and circle the correct answer.

1. what did trusts do?

a. they increased competition between businesses in a market.
b. they distributed more wealth to the poor.
c. they squashed competition and allowed their owners to control a market.
d. they caused their owners to lose a lot of money.

Explanation:

Trusts were business combinations in the late 19th/early 20th century where companies in the same industry merged or coordinated to reduce competition. By consolidating control, trust owners could dominate markets, set prices, and eliminate rivals.

Answer:

C. They squashed competition and allowed their owners to control a market.