Why did government officials allow monopolies to operate without strong regulations during the gilded age?

AThey believed monopolies would keep competiton alive
BThey believed monopolies were responsible for the growth of the economy
CThey believed monopolies would treat their workers well
DThey believed monopolies were the most successful way for businesses to make a profit

One of the main reasons why government officials allowed monopolies to operate without strong regulations during the gilded age was because "They believed monopolies were the most successful way for businesses to make a profit" and because many legislators were corrupted.

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saadhussain514 saadhussain514 · Answer 2 · 2018-07-08T06:53:12-04:00

One of the main reasons why government officials allowed monopolies to operate without strong regulations during the gilded age was because "They believed monopolies were the most successful way for businesses to make a profit" and because many legislators were corrupted.
Explanation:
The term monopoly is characterised by the absence of competition, which might result in high prices for customers, inferior merchandise and services, and amoral behaviour. In easy words, an organization is taken into account a monopoly once the merchandise it offers is a hundred times higher than its nearest substitute. therefore distancing you and your company from your competitors.so they are the best and most successful way to run a business