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31 Okt 1870 Jahr - monopoly/Trust (1870-1900)

Beschreibung:

Trust definition. Used to eliminate competition in business. One powerful company will have control of the stocks of many smaller companies in the same line of business, creating a monopoly. Trust significance. The monopoly allows price-fixing and benefits all companies involved.

Zugefügt zum Band der Zeit:

26 Apr 2023
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Datum:

31 Okt 1870 Jahr
Jetzt
~ 154 years ago