How did monopolies and trusts affect industry and banking in the late 1800s?

Question 3 options:

AThey introduced new business practices that created large industries and produced great wealth for a few.

BThey set the standard for the development of many large industries and a nationwide banking network.

CThey reduced the effectiveness of banking practices, but helped the growth of industries.

DThey produced great wealth that benefited workers.

Good Morning!

It is correct to say that the practices of the great industrialists of the nineteenth century had to the detriment of small companies and the population, but it was effective for the financial gain of the big businessmen, since the monopoly has this characteristic.

A. They introduced new business practices that created large industries and produced great wealth for a few.

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