31 oct. 1870 - monopoly/Trust (1870-1900)
Description:
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.Ajouté au bande de temps:
Date:
31 oct. 1870
Maintenaint
~ Il y a 154 ans