USA HISTORY

WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900

IMMIGRATION IN INDUSTRIAL AMERICA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This is another word for monopoly
A
Trust
B
Corporation
C
Merger
D
Subsidiary
Explanation: 

Detailed explanation-1: -cartel, holding, ownership, patent, trust, consortium, copyright, corner, oligopoly, pool, proprietorship, syndicate, possessorship.

Detailed explanation-2: -confidence, expectation, faith, hope, account, care, protection, business, corporation, group, institution, count on, depend on, look to, commit, entrust, assurance, certainty, certitude, conviction.

Detailed explanation-3: -Definition: A market structure characterized by a single seller, selling a unique product in the market. In a monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute.

There is 1 question to complete.