AprilMarie4916 AprilMarie4916
  • 23-12-2021
  • History
contestada

what did industrial consolidation and trusts reduce during the late 1800s?

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adramirez1 adramirez1
  • 23-12-2021

Answer:

Industrial trusts helped to reduce competition among American companies. High tariffs also gave some protection from competition with foreign companies. But business leaders were not satisfied. They demanded even higher taxes on imports to further reduce competition.

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