History, 18.11.2019 13:31 ijohnh14

How did the rise of huge industrial cartels affect free market competition?

Answers: 2

Show answers

Answers

Cartels could fix prices and sell at a loss to strangle out competition. Then raise prices afterward which would cover all previous losses.
They could generate income by horizontal integration which would be possibly controlling all retail sales of a certain product.
They could also generate income through vertical integration which meant owning a large portion of the industry (possibly mining) which provided the raw material, the means of production (factories, for example), the means of transporting the product to market (rail roads for example), and even owning the means of selling the product(s) (retailing). They could set the price and costs all along the way. They could also exploit their workers by being the 'only show in town' and therefore setting wages low and working hours high. If a vertically integrated company had to show their books to government auditors they could try to make a case to show a small advantage over competitors at each level of their operation which would come out overall as a major advantage which could put others out of business.
A couple of industries to look at would be the railroads and oil. People to research: Andrew Carnegie, J. D. Rockefeller and other industrialists/robber barons. A student may want to read the works of some of the 'muckrakers' of the era.

Answer from: Quest

1) the answer is b

senators serve a six-year term; representatives serve a two-year term, making them more responsive to (and responsible for) voter confidence.

2) the answer is d

to serve as president, one must: -be a natural-born u.s. citizen of the united states; be at least thirty-five years old; be a resident in the united states for at least fourteen years.

3) the answer is a

ella,because it is constitutionally eligible

4) the answer is c: the u.s president

Answer from: Quest

when a country suffers, for example, a drought period, the market product is affected for a low offer, in this case, potatoes; the government has to tax to the households, which have to give more money for the potatoes which they consume, that situation make them consume substitute goods even through loans, it could increase the financial market movement and the inflationary phenomena, the business has to increase salaries in order to the employees could buy a more expensive food (potatoes) and in order to inflation tha business had to buy expensive supplies in the factor market, while the rest of the world have to gain more money to consume the same amount of potatoes.

Look at the circular flow diagram. choose and define an environmental issue. using the diagram as a

Other questions on the subject: History

History, 22.06.2019 04:00, michaelmontoya68

Did north or south korea forces advance further into the other’s territory?

Answers: 3

continue

History, 22.06.2019 07:30, avi46

Did the media show any bias while covering the concord city election? explain your response.

Answers: 1

continue

History, 22.06.2019 11:00, Jduxn

Which statement is the best summary of this passage?

Answers: 1

continue

History, 22.06.2019 11:50, jacobmclawhorn3001

Which fact from the tinker v. des moines court decision best supports the reasoning that the conduct of the student protesters was protected by the fourteenth amendment, which prohibits deprivation of life, liberty, or property? o a. the record shows that students in some of the schools wore buttons relating to national political campaigns, and some even wore the iron cross, traditionally a symbol of nazism. o b. on the other hand, the court has repeatedly emphasized the need for affirming the comprehensive authority of the states and of school officials, consistent with fundamental constitutional safeguards, to prescribe and control conduct in the schools. c. the action of the school authorities appears to have been based on an urgent wish to avoid the controversy which might result from the expression, even by the silent symbol of armbands, of opposition to this nation's part in the conflagration in vietnam. d. that they are educating the young for citizenship is reason for scrupulous protection of constitutional freedoms of the individual. if we are not to strangle the free mind at its source and teach youth to discount important principles of our government as mere platitudes.