1.what is the main reason that the american public turned against monopolies? a. they saw the price of goods rise as their wages decreased. b. they saw the price of goods rise as their wages increased. c. they resented the wealth of the big business owners. d. they were concerned about smaller businesses.

The correct answer is A) They saw the price of goods rise as their wages decreased.

A monopoly is a corporation or business that controls almost the entire share of a particular market. During the late 19th century, individuals like John D. Rockefeller and Andrew Carneige were considered monopolies. These individuals controlled almost the entire market for certain goods (Rockefeller with kerosene/oil and Careneige with steel).

When a corporation or business has almost complete control of a share of a market it usually has a negative effect on consumers. This is due to the fact that competition between businesses is what helps to keep costs low for the consumer. Since there was no real competition in these industries, there was no need to keep the prices low for these goods.

Answer

They saw the price of goods rise as their wages decreased

Explanation

Monopoly is a market structure where a single seller is selling a unique product or a certain firm or a company is the only one producing a certain product or offering a specific service which no other is offering in the market.

So in monopolies the market is controlled by the individuals and the sell their products and services at high prices.This is because there is no competition and the consumers dont have an alternative so they have to buy from them regardless of the high cost.

By this the American public that price of goods are just rising as their wages are decreasing and they turned against monopolies.