History, asked by adityakumarpad3647, 1 year ago

Which company was a monopoly during the gilded age?
A) Carnegie Steel
B) Microsoft
C) Allegheny Steel
D) AT&T

Answers

Answered by pritirajnath55pc0nar
0

Microsoft This is the write answer bro



49ersallday4910: its Carnegie steel bro Smh
Answered by Arslankincsem
8

A) Carnegie Steel.


Although several companies held the monopolies during the Gilded Age, John D. Rockefeller's Standard Oil Company is one of the large company that have monopoly during the gilded age.


Rockefeller used monopolistic agreements and trusts with oil companies for ensuring that Standard Oil cornered in the oil market.


Monopoly is the economically described as single company or entity controlling 100% supply of a particular product.

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