Between 1860 and 1914, the concentration of industrial power did incre
Between 1860 and 1914, the concentration of industrial power did increase. What did members of the general public perceive to be the result of this heavy concentration?
(a) Expanded output
(b) Lower prices
(c) A transfer of income away from consumers
toward big businesses
(d) All of the above
ANSWER
(c)
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