when an industry was monopolized by one company or trust during the gilded age, what happened to workers…
when an industry was monopolized by one company or trust during the gilded age, what happened to workers wages?\nworkers often earned more because fewer businesses were competing for their services.\nworkers often earned less because more businesses were competing for their services.\nworkers often earned more because more businesses were competing for their services.\nworkers often earned less because fewer businesses were competing for their services.
Answer
Answer:
Workers often earned less because fewer businesses were competing for their services.
Brief Explanations:
During the Gilded Age, when an industry was monopolized (fewer businesses), there was less competition for workers. With less competition, companies had more power. They could pay workers less as there were fewer alternative employers for workers to go to.