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Question
how did industrial leaders accumulate wealth during the late 1800s?
¿cómo acumularon riqueza los líderes industriales durante finales del siglo xix?
○ by creating monopolies and establishing trusts
○ by collective bargaining and forming unions
○ by selling stock to employees
○ by developing new farming techniques
During the late 1800s, industrial leaders like Carnegie and Rockefeller built massive wealth by eliminating competition through forming monopolies and trusts, which gave them control over entire industries and the ability to set prices. Collective bargaining and unions were worker actions to gain rights, not a way industrial leaders accumulated wealth. Selling stock to employees was not a common wealth-building tactic for these leaders, and new farming techniques were unrelated to industrial wealth accumulation.
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by creating monopolies and establishing trusts