Prior to 1984, all telephone service in the United States was provided

QUESTION

Prior to 1984, all telephone service in the United States was provided by a company called American Telephone & Telegraph.

The U.S. Justice Department mandated that the company be broken up into smaller entities. This benefitted consumers by unleashing what kind of forces in the marketplace?
A) economic
B) technological
C) competitive
D) global
E) social

ANSWER

Answer: C
Explanation: C) Ending one company’s domination of the telecommunications marketplace enabled the formation of new businesses offering phone service. Competitive pressures resulted in lower prices and improved services for consumers.