Question
How did the development of the trust change the way businesses operated? (1 point)
Responses
Managers were prevented from taking advantage of workers within their companies
Managers were prevented from taking advantage of workers within their companies
Companies were held to higher standards and prevented from acting illegally
Companies were held to higher standards and prevented from acting illegally
A small group of people could now own and operate multiple companies in an industry
A small group of people could now own and operate multiple companies in an industry
Business owners found that it was in their best interest to improve their produc
Responses
Managers were prevented from taking advantage of workers within their companies
Managers were prevented from taking advantage of workers within their companies
Companies were held to higher standards and prevented from acting illegally
Companies were held to higher standards and prevented from acting illegally
A small group of people could now own and operate multiple companies in an industry
A small group of people could now own and operate multiple companies in an industry
Business owners found that it was in their best interest to improve their produc
Answers
GPT-4o mini
The correct response is:
**A small group of people could now own and operate multiple companies in an industry.**
The development of trusts allowed for greater consolidation of power and resources, enabling a few individuals to control several businesses within a sector, which had significant implications for competition and market dynamics.
**A small group of people could now own and operate multiple companies in an industry.**
The development of trusts allowed for greater consolidation of power and resources, enabling a few individuals to control several businesses within a sector, which had significant implications for competition and market dynamics.