Weegy: A government is laissez-faire when it does not interfere with business affairs and does not regulate its actions.
User:
The Cleveland Massacre was
a takeover by Standard Oil of the refineries in Cleveland.
a labor dispute at Standard Oil in Cleveland that turned violent.
an attempt to stop Standard Oil from becoming a monopoly.
a failed attempt by Standard Oil to take over other refineries.
Weegy: The Cleveland Massacre was a takeover by Standard Oil of the refineries in Cleveland.
User: Why was Carnegie Steel able to offer its product more cheaply than its competitors?
Carnegie could cut his costs because he owned the supply of raw materials and the means of production and distribution.
Carnegie cut corners in his production, lowering his costs.
Carnegie made an inferior product, so it was less expensive to produce.
Carnegie introduced the Bessemer process, which decreased the cost of production.
Weegy: Carnegie Steel able to offer its product more cheaply than its competitors because: Carnegie introduced the Bessemer process, which decreased the cost of production.
User: Which company was a monopoly during the Gilded Age?
Carnegie Steel
Microsoft
AT&T
Allegheny Steel
User: Which statement is true about the relationship between a monopoly and its competition in a market?
Monopolies are formed when businesses buy out their competition in a market.
Competition in the market helps monopolies to develop.
Competition in the market ensures that monopolies charge fair prices.
Monopolies thrive when they have competition.
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