Friday, December 14, 2012

Rise of Industry & Monopolies

There are three main causes of the growth in America which was the wealth resource, Government support for business, and a growth in urban population that provided both cheap labor and markets for new products.

Trusts and monopolies during America’s early industrial age created less payment for workers, less money for Americans and more money for corporations. Corporations could break the law and nobody would do something about it. Monopolies would only work for reach people, the corporations and the people in charge of them never care about who would they hurt by their way of winning money they would only care about the profits that they would get.

No comments:

Post a Comment