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QUESTION IMAGE

match the term to the correct description. the organization of several …

Question

match the term to the correct description. the organization of several businesses in the same industry and by joining forces, they control production and distribution of a product or service, thereby limiting competition. businesses that have total control over a sector of the economy, including prices. terms: trust, monopoly (with matching lines between definitions and terms)

Explanation:

Brief Explanations
  • Para "The organization of several businesses in the same industry and by joining forces, they control production and distribution of a product or service, thereby limiting competition", la definición corresponde a Trust (un trust es una organización de empresas que se unen para controlar la producción y distribución, limitando la competencia).
  • Para "Businesses that have total control over a sector of the economy, including prices", la definición corresponde a Monopoly (un monopolio es cuando una o varias empresas tienen el control total de un sector económico, incluyendo los precios).

Answer:

  • "The organization of several businesses in the same industry and by joining forces, they control production and distribution of a product or service, thereby limiting competition" → Trust
  • "Businesses that have total control over a sector of the economy, including prices" → Monopoly