QQuestionAdvanced Placement
QuestionAdvanced Placement
What is the definition of a trust in AP U.S. History (APUSH)?
7 months agoReport content
Answer
Full Solution Locked
Sign in to view the complete step-by-step solution and unlock all study resources.
Step 1I'll provide a clear, structured explanation of a trust in the context of AP U.
S. History:
Step 2: Definition of a Trust
A trust is a large business combination or monopoly that emerged during the late 19th century (Gilded Age), where multiple companies in the same industry would consolidate under a single management structure to reduce competition and control market prices.
Final Answer
In APUSH, a trust is a monopolistic business combination that consolidated corporate power, eliminated competition, and controlled market prices during the late 19th and early 20th centuries, ultimately leading to significant antitrust legislation.
Need Help with Homework?
Stuck on a difficult problem? We've got you covered:
- Post your question or upload an image
- Get instant step-by-step solutions
- Learn from our AI and community of students