in the late-19th century. Which of these is MOST closely related to the word "trusts"?

Answer 1

In the late-19th century, the term "trusts" is most closely related to "monopolies." Trusts were large business entities formed to control a market or sector, often leading to monopolistic practices that limited competition and influenced prices. During this period, many industrial giants consolidated their power through trusts, prompting government regulation and antitrust laws in response to their economic dominance.