Large corporations that controlled the markets of certain products and drove out competition from other companies are called:

monopolies

stockholders

unions

Question

Yair Young

Social Studies

1 February, 14:45

Large corporations that controlled the markets of certain products and drove out competition from other companies are called:

monopolies

stockholders

unions

+3

Answers (1)

Know the Answer?

Lindsay Mooney · Answer 1

The correct answer is: monopolies.

The definition of a monopoly is a situation in which one competitor controls the whole market and there are not other competitor.

A stockholder is a person who has a stock in a company.

A union is a group of people doing something together, such as working in the same company.

Large corporations that controlled the markets of certain products and drove out competition from other companies are called:monopoliesstockholdersunions

Large corporations that controlled the markets of certain products and drove out competition from other companies are called:

monopolies

stockholders

unions