hawaii4nani hawaii4nani
  • 09-11-2021
  • History
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What was the main reason for the growth of monopolies in the latter part of the 19th century

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kwilliams2485
kwilliams2485 kwilliams2485
  • 09-11-2021

Answer: To eliminate the competition and maximize profits.

Explanation:

While monopolies created by government or government policies are often designed to protect consumers and innovative companies, monopolies created by private enterprises are designed to eliminate the competition and maximize profits.

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