Question

Why are these important?

1) Trusts
2) Sherman Anti-Trust Act
3) Standard Oil Company

Question:

Should the government break up Standard Oil's monopoly? What are some supporting details that you know about Standard Oil's Monopoly?

Answer 1

Attempted Answers:

1. I know that Trusts were used to expand company's into monopoly's (i think)

2. The Sherman Anti-Trust Act was important to protect the states from being controlled by one Person. It broke up the Larger monopoly's.

3. The Standard oil Company was the largest oil company, as well as the first, there was a high demand for auto mobiles which also meant that Oil and Gas was at a high demand!


I think that the Government should limit Mr. Rockefeller's expansions within each state. Not necessarily break up his company. But spread across the states so that competing company's have a chance in the industry

Answer 2

ok Rockefeller use fake money to but out other people businesses but when Theodore

....

Answer 3

@221emily

Answer 4

i know all about Rockefeller

Answer 5

When Theodore Became president he started to regulate trusts?

Answer 6

which band fake money

Answer 7

im still not understanding lol.. im not aware of any "Fake money"

Answer 8

right so what do you want to know

Answer 9

@221emily right so what do you want to know

Answer 10

*_* i need to do my homework lol.. so i kinda need to get the right answers, i don't want you to GIVE them to me but will you like help me get to the right answer?

Answer 11

ok can we take step by step so you can get a better understanding to get the answer

Answer 12

sure, starting with question 1

Why are trusts important?

i think they are important because Trusts were used to expand company's into monopoly's (i think)

Answer 13

and what are trust

Answer 14

A group of separate companies that are placed under the control of a single managing board in order to form a monopoly

Answer 15

correct that i will keep

Answer 16

you are confusing me

Answer 17

this is what you wrote

or do you what me to explain

Answer 18

explain please

Answer 19

is this an ABCD to choose
or do you have to explain why

Answer 20

i have to actually explain... im taking notes, and im required to answer these questions! there is no A,B,C,D .. i could put that but i think my teacher would think im mental...

Answer 21

ok now i understand

Answer 22

trust are important cus if the person who is in charge of the trust should follow out there duty's in the way that the owen wants them too

but if they miss use it, it could ruin the business

Answer 23

ok now i understand that question.

Answer 24

i am explaining it to you what trust is

if confuse as much as you

Answer 25

this confusing is this through K12

Answer 26

no... This is through MY public school.....

Answer 27

lay the first Question and explain what you want done

Answer 28

you there

Answer 29

All i need is my answers checked for accuracy, I stated the questions, and then my attempted answers. Its not that im looking for someone to give me the correct answers if they are incorrect, but id like you to tell me if they are wrong and explain how so.

Answer 30

so you already answered them but want to double check i am correct

Answer 31

YES!