Trusts and Monopolies Quiz

Trusts control production and distribution, while monopolies have total control over prices. (correct)

Trusts limit competition, while monopolies give total control over an industry's prices.

Trusts upset the idea of capitalism, while monopolies have no impact on economic theories.

Trusts benefit smaller businesses, while monopolies only profit top-level executives.

Monopolies develop from competition among small businesses.

Monopolies develop from trusts and give total control of an industry to one group of companies. (correct)

Monopolies develop due to government intervention in the economy.

Monopolies develop from mergers between large and small companies.

They both promote healthy competition among businesses.

Trusts promote fair competition, while monopolies stifle competition.

They both limit competition by giving control to a small group of companies. (correct)

Trusts limit competition, while monopolies have no impact on competition.