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

Verified Answer :

I think that the best answer is this one:
b) They believed monopolies were responsible for the growth of the economy

a) cannot be true, as monopolies are the opposite of competition.
c) is also not acurate
d) might be accurate but it doesn't explain why the government was interested in allowing this - and b) does.

Answer: B.

Explanation: