think about what you know about competitions, monopolies, and trusts. was business reform necessary? check…

think about what you know about competitions, monopolies, and trusts. was business reform necessary? check all of the boxes that you agree with. having strong businesses and industries is good for the economy. a company should have the right to form a monopoly. competition between companies is good for people who buy goods. the government has the right to put limits on what businesses can and cannot do, even if those limits lower businesses profits. done

think about what you know about competitions, monopolies, and trusts. was business reform necessary? check all of the boxes that you agree with. having strong businesses and industries is good for the economy. a company should have the right to form a monopoly. competition between companies is good for people who buy goods. the government has the right to put limits on what businesses can and cannot do, even if those limits lower businesses profits. done

Answer

Brief Explanations:

  1. Strong businesses can drive economic growth, so "Having strong businesses and industries is good for the economy" is a valid view.
  2. Monopolies can lead to higher prices, reduced innovation and less consumer - choice, so a company should not have an unrestricted right to form a monopoly.
  3. Competition often leads to lower prices, better quality products and more choices for consumers, so "Competition between companies is good for people who buy goods" is correct.
  4. The government has a role in regulating the economy to protect public interests, even if it affects business profits.

Answer:

  • Having strong businesses and industries is good for the economy.
  • Competition between companies is good for people who buy goods.
  • The government has the right to put limits on what businesses can and cannot do, even if those limits lower businesses’ profits.