Ask Question
15 August, 07:53

Which of the following best defines trustbusting?

A) ensuring equality for all

B) Protecting natural resources

C) acquiring control over a major industry

D) dissolving business trusts and monopolies

+2
Answers (2)
  1. 15 August, 07:59
    0
    The statement that best defines trust busting "dissolving business trusts and monopolies".

    Answer: Option D

    Explanation:

    There are instances where trusts will be the owner of conglomerates. This leads to a monopoly in the industry which can sometimes be detrimental to the economy because by eliminating monopolies, economy can encourage competition in the market, which can benefit consumers and producers.

    This was initiated by Theodore Roosevelt and is now common in a lot of countries. So, trust busting is the process of dissolving business trusts and monopolies. This is done by governments to remove monopolies.
  2. 15 August, 08:14
    0
    D.

    Trust busting is the manipulation of an economy, carried out by governments around the world, in an attempt to prevent or eliminate monopolies and corporate trusts.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following best defines trustbusting? A) ensuring equality for all B) Protecting natural resources C) acquiring control over a ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers