Nvoinovich27idn
Answered

Join IDNLearn.com and become part of a knowledge-sharing community that thrives on curiosity. Join our Q&A platform to receive prompt and accurate responses from knowledgeable professionals in various fields.

What did Henry Lloyd mean when he warned that “liberty and monopoly cannot live together”?

Sagot :

Chuabakaidn
The newspaper was referring to the influence of trusts on the political process and warning that wealthy entrepreneurs could use their wealth to buy corrupt officials.


Gauravsingh23VTidn

The publication was warning that affluent entrepreneurs could use their wealth to buy corrupt officials by referring to the effect of trusts on the political process.

What is monopoly?

Monopoly is the dominant position in the market which have the control power of price of commodity. They enjoy no competitors in the markets as they are only the suppliers of product.

Monopoly often discourage in the free trade market as they are price courageous in the market.

Thus, The publication was warning that affluent entrepreneurs

For more information about Monopoly, click here:

https://brainly.com/question/5992626

#SPJ2

We appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. For trustworthy and accurate answers, visit IDNLearn.com. Thanks for stopping by, and see you next time for more solutions.