History, 29.01.2020 12:54 oylermorgan7687

Why did railroad companies and other businesses form “pools” during the american gilded age? answer

Answers: 2

Show answers

Answers

Answer from: lalllda

Railroad companies and other businesses formed "pools" during the American Gilded Age because by doing that, they hoped to escape the chaos of market forces by fixing prices with they competitors.

The American Gilded Age was a period of economic growth and expansion, but it was also a period of volatile industril economy, with cycles of boom and recession and disparity between companies overproducing godds and others contracting.

In order to stabilize the market, industrialists and other businesses began to form pools or loose collaborations. By doing this, they informally smoothed the market by adopting puntcual agreements on production and practices. This practices led to current day holdings and other forms of oligopoly that avoid laws forbidding monopolies.

Answer from: Quest

this statement is true

Answer from: Quest

[tex]< b> hey /tex]meer quasim: - he was the ruler of bangal after meer jafar . in the battle of plassey(1757ad.) sirajuddaula died and the east india company made the ruler of bangal to meer jafar and meer quasim was the son in law of mir jafar and became ruler after replacing meer jafar who himself been suported to east india company.he became ruler in 1760a.d. replacing meer jafar and he started to offense east india company so the result came as the battle of baksar ( 1764 a.d.) which was fought between meer quasim and hector munro . and meer quasim died in this battle and after this battle east india company became the ruler of bangal .robert clive : - robert clive was the founder of britishers in india . he came in india in 1746 a.d. and was selected as commander-in-chief of british india . at that time sirajuddaula was the nawab of bangal and he banned the import from callicuta hence east india company gathered army and the result came through as the battle of plassey . the battle was fought between siraj-ud-daula and robert clive and sirajuddaula lost that battle and died .the main reason was for the defeat of sirajuddaula that meer jafar cheated him.when robert clive came in india he was just the age of 18 years but when he went back in 1772 a.d. his money was 401,102 pounds . robert clive was sent in india to reduce cruption in east india company but when he went back to england in 1772a.d. he had to give recommendation for himself as he gathered a lots of money . and in 22 november 1774 he died .

Another question on History

History, 21.06.2019 23:30

What was the great awakening? a. a religious movement b. a social movement against slavery c. a political rebellion d. a scientific movement

Answers: 2

Answer

History, 22.06.2019 07:40

What are the vedas? a. regions ruled by a vedic king b. a group of female hindu saints c. a tribe native to north india d. a collection of ancient hindu scriptures e. the autobiography of a saint

Answers: 1

Answer

History, 22.06.2019 08:10

Atype of infrastructure that state governments maintain is schools roads libraries parks

Answers: 1

Answer

History, 22.06.2019 08:30

I. what southwest asia nation do weman face the most restietion?

Answers: 1

Answer

You know the right answer?

Why did railroad companies and other businesses form “pools” during the american gilded age? answer...