Which was the most important effect of the Bessemer process?
It allowed the production of more steel
It reduced better steel
It made steel cheaper
It allowed factory production of steel••
2. Which was the immediate goal of the standard Oil Company when it lowered its prices?
A. to sell stock to investors
B. to outcompete rival businesses ••
C. to for a monopoly
D. to pass on lower costs to customers
3. Which of these would most likely happen under a free market?
A. government regulators set maximum prices
B. political influence determines what products are made
C. an appointed agency decides where businesses can operate
D. individual business owners set prices to compete for business.••
4. Which was one way businesspeople tried to eliminate competition?
A. they formed monopolies or trusts
B. they decreased the price of their products ••
C. they developed overseas markets
D. they paid higher wages to their workers
c
b
d
a
Yalp IS right.
1: C
2: B
3: D
4: A
I guess your lesson today is never listen to Ms. Sue...
C-It made steel cheaper
B-To outcompete rival businesses
D-Individual business owners set prices to compete for business
A-They formed monopolies or trusts
you guys are little kids arguing let ppl think what they want
Yalp is right thanks so much Yalp 4/4 100%
1.c
2.b
3.d
4.a
Listen when everyone Saids yalp is right yalp is right, he was right just not on number 1, everyone kept saying they got a 4/4 percent but how could you if number 1 was wrong I looked in my notes and look up the Bessemer process and they all say it made steel cheaper.
1. C
2. B
3. D
4. A