What is Trusts in Us History

Answers

Answer 1

Answer:

arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries. Trusts can be arranged in many ways and can specify exactly how and when the assets pass to the beneficiaries.

Explanation:

Answer 2

Explanation:

In one of the defining books of the Progressive Era, The Promise of American Life, Herbert Croly argued that because “the corrupt politician has usurped too much of the power which should be exercised by the people,” the “millionaire and the trust have appropriated too many of the economic opportunities formerly enjoyed by the people.” Croly and other reformers believed that wealth inequality eroded democracy and reformers had to win back for the people the power usurped by the moneyed trusts. But what exactly were these “trusts,” and why did it suddenly seem so important to reform them?

In the late nineteenth and early twentieth centuries, a “trust” was a monopoly or cartel associated with the large corporations of the Gilded and Progressive Eras who entered into agreements—legal or otherwise—or consolidations to exercise exclusive control over a specific product or industry under the control of a single entity. Certain types of monopolies, specifically for intellectual property like copyrights, patents, trademarks and trade-secrets, are protected under the Constitution for the “to promote the progress of science and useful arts,” but for power entities to control entire national markets was something wholly new, and, for many Americans, wholly unsettling.

The rapid industrialization, technological advancement, and urban growth of the 1870s and 1880s triggered major changes in the way businesses structured themselves. The “second industrial revolution,” made possible by the available natural resources, growth in the labor supply through immigration, increasing capital, new legal economic entities, novel production strategies, and a growing national market, was commonly asserted to be the natural product of the federal government’s laissez faire, or “hands off,” economic policy. An unregulated business climate, the argument went, allowed for the growth of major trusts, most notably Andrew Carnegie’s Carnegie Steel (later consolidated with other producers as U.S. Steel) and John D. Rockefeller’s Standard Oil Company. Each displayed the vertical and horizontal integration strategies common to the new trusts: Carnegie first utilized vertical integration by controlling every phase of business (raw materials, transportation, manufacturing, distribution), and Rockefeller adhered to horizontal integration by buying out competing refineries. Once dominant in a market, critics alleged, the trusts could artificially inflate prices, bully rivals, and bribe politicians.

Between 1897 and 1904 over 4,000 companies were consolidated down into 257 corporate firms. As one historian wrote, “By 1904 a total of 318 trusts held 40% of US manufacturing assets and boasted a capitalization of $7 billion, seven times bigger than the US national debt.” With the 20thcentury came the age of monopoly. From such mergers and the aggressive business policies of wealthy men such as Carnegie and Rockefeller—controversial figures often referred to as “robber barons,” so named for the cutthroat stifling of economic competition and their mistreatment of their workers—and the widely accepted political corruption that facilitated it, opposition formed and pushed for regulations to reign the power of monopolies. The great corporations became a major target of reformers.

Big business, whether in meatpacking, railroads, telegraph lines, oil, or steel, posed new problems for the American legal system. Before the Civil War, most businesses operated in single state. They might ship goods across state lines or to other countries, but they typically had offices and factories in just one state. Individual states naturally regulated industry and commerce. But extensive railroad routes crossed several state lines and new mass-producing corporations operated across the nation, raising questions about where the authority to regulate such practices rested. During the 1870s, many states passed laws to check the growing power of vast new corporations. In the Midwest, so-called “Granger laws” (spurred by farmers who formed a network of organizations that were part political pressure group, part social club, and part mutual-aid society that became known as “the Grange”) regulated railroads and other new companies.

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Related Questions

Why do societies have a public sector?
to provide jobs to everybody
to solve problems that affect everybody
because most jobs naturally fall in the public sector
because some individuals cannot work in the private sector

Answers

The public sector has the purpose of ensuring the rights of all citizens as members of the State, therefore, it must solve their problems (option B).

What is the public sector?

The public sector is a term to refer to the set of state institutions that are responsible for managing all government functions. The public sector must guarantee the rights of citizens and be a help in case of a problem to citizens.

Additionally, several public sector institutions are focused on the rights of citizens, such as:

EducationHealthJobSecurityAmong others

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Which of the following was NOT mentioned as a part of a child's
education in Greek society?
A reading, writing, and mathematics
A
B
literature and music
С
military service
D
biology and chemistry

Answers

Answer: it is B literature and music

Explanation:

Because they have military service they had biology and chemistry other than literature and music

literature and music were NOT mentioned as a part of a child's education in Greek society. Therefore option B is correct.

What is literature?

Anybody of written work can be deemed literature, but the term is sometimes used more precisely to refer to writings that are expressly regarded as works of art, particularly prose fiction, drama, and poetry.

The concept has been broadened to encompass oral literature in recent centuries, most of which has been recorded. In addition to functioning as a means of conserving information and providing enjoyment, literature may also serve social, psychological, spiritual, or political purposes.

Works in numerous non-fiction genres, such as biography, diaries, memoir, correspondence, and essays, can also be considered literature as an art form. Non-fiction books, essays, and other written material about a particular subject are included in the literature under its broad definition.

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Modern-day Canada has two official and legal languages which are:
Choose all that apply!!

Spanish
English
French
Italian

Answers

Answer:

It is French and English

Explanation:

I took the same tests

Prior to the start of World War 1
1914, how many consecutive years of
peace had Europe witnessed?

Answers

The European Union is currently enjoying a 70-year period of calm. It spans more over two thousand years, making it the longest in history, Prior to the start of World War 1 1914.

How was Europe prior to ww1?

In 1914, Europe was an armed camp, with two competing coalitions dominating its politics. The unified Germany formation was in 1871 threw Europe's previous "balance of power" into disarray. In 1894, fear of Germany prompted France and Russia to forge an alliance.

Thus, 70-year period peace had Europe witnessed.

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the answer is 100 years

in the long term Napoleon was successful in

Answers

Answer: Fair taxes, increased trade, the development of French luxury industries, a new commercial code, an improved infrastructure, and a central bank to control monetary policywere keys to his success.

Explanation: his successes were he revolutionized military organization and training; sponsored the Napoleonic Code, the prototype of later civil-law codes; reorganized education; and established the long-lived Concordat with the papacy.

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there have been two presidents with this last name

Answers

Answer:

The answer is Bush

Explanation:

Two presidents had the last name "Bush" before

Slavery was mostly replaced by?

Answers

Answer:

In 1866, Radical Republicans won the election, and created the Freedmen's Bureau to offer former slaves food, clothing, and advice on labor contracts. During Reconstruction, the Thirteenth, Fourteenth, and Fifteenth Amendments were passed in order to attempt to bring equalit

Explanation:

hope this helps if not let me now

In which area did Reagan fail to achieve his goal?

cut spending on welfare programs


eliminate most government regulations on business


balance the national debt


reduce the size of the government

Answers

Answer:

C

Explanation:

just took the quiz

Answer:

Balance the national debt

Explanation:

Just took the test

The powers of the federal government are
A) explained in the Constitution.
B) decided by the states.
C) protected in the Bill of Rights.
D) shared by state governments.

Answers

Answer:

A) explained in the Constitution.

Explanation:

How did Confederation a

Answers

THEY WANTED TO BE THEIR OWN UNION THANKS TO THE ELECTION OF LINCOLN. THEY THOUGHT THAT HE WAS GOING TO TAKE THEIR SLAVES EVEN THOUGH HE HAD NO INTENTION OF DOING SO (AT LEAST AT THE BEGINNING)

How did it contribute to the constitutional standing of slavery?

Answers

Answer:

Nevertheless, slavery received important protections in the Constitution.

Explanation:

Nevertheless, slavery received important protections in the Constitution. The notorious three-fifths clause—which counted three-fifths of a state's slave population in apportioning representation—gave the South extra representation in the House of Representatives and extra votes in the Electoral College.

Answer:

The Constitution also prohibited Congress from outlawing the Atlantic slave trade for twenty years. A fugitive slave clause required the return of runaway slaves to their owners. The Constitution gave the federal government the power to put down domestic rebellions, including slave insurrections.

One effect of the Immigration Act of 1965 on Latin Americans was that it
discouraged illegal immigration from Latin America.
made it easier for them to enter the United States.
encouraged many unskilled workers to immigrate.
limited the number of unskilled workers from Latin America.

Answers

Answer:

it made it easier for them to enter the U.S.

Explanation:

One effect of the Immigration Act of 1965 on Latin Americans was that Option (B) it made it easier for them to enter the United States.

What is the Immigration Act of 1965 ?

The Immigration and Nationality Act of 1965,  and more recently as the Immigration Act of 1965, is a federal law passed by the United States Congress and signed into law by President Lyndon B. Johnson. The Immigration Act of 1965 was an important landmark in the history of United States as it allowed the citizens from other countries to enter the United States, reside and work independently there. It also gained the economical stability of United States as the net economy was drastically increased for different occupation of settlement by other international companies there.

Thus one of the effect of the Immigration Act of 1965 on Latin Americans was that it Option(B) made it easier for them to enter the United States.

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Why do you think Truth was a welcome speaker even among groups of people who did not share her religious views?

Answers

Well the “truth” just depicts the ways people have been trying to tell you things which may address for your benefit. Among the groups of people who didn’t share “her” religious views just highlights the ways that her views are private and shouldn’t be told. This could be due to the way she is.

5. How did Abraham Lincoln's election in 1860 impact the outbreak of the Civil War?

A.it prevented the possibility of war for several years after the election.

B.It changed the way average citizens thought about the issue of slavery.

C.It gave Lincoln time to consider what to do about slavery in the South.

D.It increased the speed at which southern states formed a confederacy.

6. What was the importance of the Battle of Gettysburg during the Civil War? (1 point)

A.The southern victory was the first battle won on the side of the Confederacy.

B.The southern victory was a turning point in the progress
of the war

C.The northern victory was a turning point in the progress of the war.

D.The northern victory was the first battle won on the side of the Union.

Answers

Answer:

b

Explanation:

because he freed all the slaves

Discuss the interaction between normative and material culture

Answers

Material culture refers to the objects or belongings of a group of people. Metro passes and bus tokens are part of material culture, as are automobiles, stores, and the physical structures where people worship. Nonmaterial culture, in contrast, consists of the ideas, attitudes, and beliefs of a society.

The U.S. had been very successful in battles on European soil during WWII. In
contrast, the U.S. military struggled a great deal in Vietnam and ultimately had to pull
out in defeat. What major geographic difference severely hindered the U.S. military
in Vietnam?

Answers

Answer:

Below

Explanation:

Vietnam is a severely dense jungle, which makes it far more difficult to fight in. Additonally, the Northern Vietnamese military used guriella tactics where they would basically pop out of the jungle, shoot a few enemy soilders, and retreat. This made it very hard for them to take down their enemy. They began using a chemical called Agent Orange to kill the thick, dense vegetation but it didn't really work and just gave everyone who was around it severe medical issues and their children often had birth defects.

After WWII Why did the US support the United Nations

Answers

Answer:
Help with economic needs and legitimize the struggle for independence
Explanation:

How do federal magistrates help enforce the Eighth Amendment?

Answers

How do federal magistrates help enforce the Eighth Amendment?

Answer: Well, The amendment prohibits the federal government from imposing unduly harsh penalties on criminal defendants, either as the price for obtaining pretrial release or as punishment for crime after conviction.

Answer:

By keeping punishments from being too inhumane

Explanation:

The eighth amendment is very important because it guarantees many rights. For example, it protects Americans from cruel and unusual punishments. Without this amendment many people would be punished in an inhumane manner based on the morals of the judge.

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Why do developing countries not usually benefit from free-trade policies?


They rely primarily on agricultural exports for their income.


The only way they can collect revenues is through tariffs.


They have little economic power to influence the global economy.


Their industries are too weak to compete in the international market.

Answers

Answer:

I believe the answer would be "They have little economic power to influence the global economy." :)

Explanation:

Answer: The answer is D "Their industries are too weak to compete in the international market."

Explanation: I took the test, but if you don't believe me try the link below.

https://brainly.com/question/1278322?referrer=searchResults

Why is it important for leaders to communicate the why of a task

Answers

Answer:

Good communication skills help to develop better understanding and beliefs among people inspire them to follow the principles and values which their leader wants to inculcate in them.

Explanation:

how were historical trends directly responsible for the rise of socialism

Answers

Answer:

Socialism describes any political or economic theory that says the community, rather than individuals, should own and manage property and natural resources.


Where did the British send a ton
of troops to fight the U.S?

Answers

Answer:

there were plenty of wars, you need to be more specific, like maby a time frame

Answer:

Lexington and Concord

Explanation:

The Battles of Lexington and Concord, fought on April 19, 1775, kicked off the American Revolutionary War (1775-83). Tensions had been building for many years between residents of the 13 American colonies and the British authorities, particularly in Massachusetts. On the night of April 18, 1775, hundreds of British troops marched from Boston to nearby Concord in order to seize an arms cache. Paul Revere and other riders sounded the alarm, and colonial militiamen began mobilizing to intercept the Redcoat column. A confrontation on the Lexington town green started off the fighting, and soon the British were hastily retreating under intense fire. Many more battles followed, and in 1783 the colonists formally won their independence.

Why was the photograph taken? Might the photographer have wanted to portray a scene in a particular way?

Answers

Please show the photograph

list one benefit of sod houses. ​

Answers

Answer: They provided warmth.They required little lumber.They provided shelter.

Explanation:

Think about what justifies a nation going to war. If you were a political leader what conditions would in your judgement justify a declaration of war

Answers

I believe war should be avoided unless absolutely necessary to protect the rights and values of my citizens. So, with this being said, here is my list of things that could justify a war:

1. My opponent is practicing human rights violations.

2. My opponent is threatening to attack a free nation with the intention of taking or resembling the country.

3. My opponent is actively firing and threatening my country with weapons.

How did the Louisiana Purchase contribute to the United States’ Manifest Destiny?

Answers

Answer:

The land bought stretched from today's Louisiana to north most of today's Minnesota. It also went westward to half of what is today's Wyoming, Colorado, and Montana. Without this major purchase being made, westward expansion would not have occurred and Manifest Destiny would not have been achieved.

Explanation:

Hope this helps :)

What is the relationship between trade and industry?

Answers

Answer:

trade, involving buying and selling goods, maintains a smooth flow of commerce and thereby supports industry

Explanation:

trading is involed of selling your things to other people and buy from other people. industry includes all the activities needed to produce the final product. they are almost the same though cause they both include aids to trade.

Which of the following choices is true for both Hinduism and Buddhism

Answers

Answer:

The 3rd one is correct I believe

Read the section “Populations Skyrocket.” What is the relationship between population and progress in developing countries?

Answers

The relationship between population and progress in developing countries is growth of the country.

What is population?

Population helps to know the number of people that is living in a place at a period of time.

The people are usually counted at a given time o determine the figure.

A rise in Population can lead to the development of place, as the people increase there is expansion in companies, industrialization and also the establishment of new companies.

Therefore, The relationship between population and progress in developing countries is growth of the country.

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Question 9 of 27
What characteristic defines the historical era shown by the timeline?
1776
Continental Congress issues
Declaration of Independence.
1781
Articles of Confederation establish
the government of the United States.
1783
American Revolution ends.
1787
Federal Convention passes the
U.S. Constitution.
1790
North Carolina becomes the 13th
state to ratify the U.S. Constitution.
1791
Congress passes the first ten
amendments as the Bill of Rights.

Answers

Answer:Specific timeline

Explanation:A historical era is a specific time frame historians have classified due to commonalities within that time frame. Common eras include the Great Depression, the 'Roaring Twenties,' the Progressive Era, the Cold War Era, and numerous others. Ancient Era Prehistoric Era (pre-600 B.C.E.)

Classical Era (600 B.C.E.to 476 C.E.)

Post-Classical Era Middle Ages (476 C.E. to 1500 C.E.)

Modern Era Early Modern Era (1500 C.E. to 1750 C.E.)

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