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Trusts In The Late 18th Century: Influencing Business

316 Words2 Pages
In the late 18th century entrepreneurs set out to be in charge of their industries, even before the government began influencing business. They set forward using tactical skills to produce a successful business such as vertical/ horizontal integration, trusts, and communism vs. capitalism. With these opportunists, they developed one of the highest classes of society know today, billionaires/millionaires, but their morals of being a trustee and the control over trusts were questioned. After Teddy Roosevelt’s “Trust Buster”, the end of monopoly greed came to a halt and it finally became illegal to hold a trust. The trusts were only beneficial to the trustee and left the consumer in distress. However, even though trusts did not have equal success
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