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WolfyBri63
WolfyBri63 WolfyBri63
  • 17-03-2016
  • History
Answered

During the 19th Century, what was a MAJOR purpose of pools, trusts, and cartels?

Verified Answer :

HistoryGuy HistoryGuy
  • 21-03-2016

During the 19th Century, a major purpose of pools, trusts, and cartels was to increase profits for a small number of firms at the expense of other smaller firms, and the economy as a whole. This was why there were so many attempts to "break up" the trusts. 

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