Unit 4/5 Part 4 Flashcards
1
Q
What is a pool
A
When several companies set prices to be pleased and do what ever
2
Q
What is a trust
A
When company’s come together to work with each other
3
Q
What is fix pricing
A
When company’s set high prices
4
Q
What is Sherman trust act
A
The government makes monopoly illegal and you need more that 3 main company’s
5
Q
Social Darwinism
A
Afro
6
Q
Laizze fair
A
Only the best can survive
7
Q
What is a monopoly
A
Some that controls all of a business or Marley usually having the most market share over 50%
