monopoliesdbq - Anthony Petrillo AP US History Monopolies A...

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Anthony Petrillo AP US History Monopolies: A Sampling of Opinions DBQ In the 18 th Century before the U.S. government began regulating businesses, many entrepreneurs set out to be captains of their industry. They used many techniques such as vertical and horizontal integration, interlocking directorates, and the buying of other companies’ stock to create a trust: a large group of corporations with little competition. These opportunistic men became the country’s first billionaires. There has been much disagreement about whether these trusts were beneficial or harmful; the more popular belief is that they hurt the consumer which is why they have been illegal ever since the “Trust Buster,” Teddy Roosevelt’s administration. However, even though trusts had their disadvantages, there were certain things about them that were positive. The main argument against monopolies is that when there is a lack of
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This note was uploaded on 02/27/2012 for the course HIST 101 taught by Professor Wormer during the Spring '08 term at Benedictine IL.

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monopoliesdbq - Anthony Petrillo AP US History Monopolies A...

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