Weegy: Groups that control all stages of an industry are called cartels.
User: business cycle
Weegy: The term business cycle (or economic cycle or boom bust cycle) refers to aggregate production, trade and activity over several months or years in a market economy.
User: Mass production resulted in
a.
less affordability of goods.
c.
reduced prices of goods.
b.
higher costs of production.
d.
decreased standards of living.
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