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Which of the following statements is TRUE about business leaders in the late 1800's?
a. Business leaders encouraged competition
b. Large corporations forced many-smaller businesses out of business
c. Investors were unwilling to lend money to corporations
d. The government took over many failing businesses
What was an immediate economic result of the use of mass- production techniques in American factories?
a. increased use of homemade goods
b. reduced cost of goods
c. improved safety conditions
d. expanding membership in labor unions
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