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What role did the federal and state governments play in the creation of monopolies?
a. Despite the efforts of state and federal legislators distribute 160-acre plots to families, corporations managed to create charters for themselves. b. State and federal legislators received favors (money and stock) for granting exclusive charters and distributing free land to companies like the railroads. c. State and federal legislators created a special mechanism for supporting corporate monopoly in the immediate pre-Civil War years that facilitated economic development. d. Zinn notes that in an unplanned and economically chaotic world, congress and the president accepted no-bid contracts from companies to which they had close personal and professional ties
Public Comments
- B
