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QUESTION IMAGE

read the excerpt and answer the question that follows. other industrial…

Question

read the excerpt and answer the question that follows. other industrialists, including john d. rockefeller, merged the operations of many large companies to form a trust. rockefellers standard oil trust came to monopolize 90% of the industry... - \the industrial revolution in the united states,\ library of congress, www.loc.gov (accessed august 25, 2017) what was one direct effect of the business practice discussed in this excerpt? employees were prevented from buying stock. consumers were denied access to goods. there was a lack of employment opportunities for immigrants. there was decreased competition among producers.

Explanation:

Brief Explanations

The text describes John D. Rockefeller forming a trust and monopolizing 90% of the oil - industry. Monopolies reduce competition among producers as one entity controls a large portion of the market. There is no mention of employees being prevented from buying stock, consumers being denied access to goods, lack of immigrant employment opportunities in the context of the described business practice.

Answer:

There was decreased competition among producers.