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Why did the number of corporations increase in the late 1800s?

In the late 1800s, few laws regulated corporations. This led to the growth of a few giant corporations that dominated American industry. The oil and steel industries are examples of this process. Business leaders guided industrial expansion and created new ways of doing business.

What did the public fear that large corporations could do with their monopolies?

Public opinion feared that large corporations could impose monopolistic prices to cheat consumers and could squash small independent companies. Roosevelt's Justice Department launched 44 anti-trust suits, prosecuting railroad, beef, oil, and tobacco trusts.

How were large corporations able to operate in poor economic times?

How were large corporations able to operate in poor economic times? they're fixed costs were greater than their operating costs, meaning it made sense to operate even when sales were low due to a poor economy.

What is a vertically integrated company and what was an example in the late 1800s?

Vertical integration Vertical integration occurs when firms manufacturing goods or provid- ing resources along the same produc- tion chain merge. Gustavus Swift in meat packing and Andrew Carnegie in steel are among those who used vertical integration.