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Chapter 14 review C

QuestionAnswer
Cartel an international syndicate, combine, or trust formed especially to regulate prices and output in some field of business.
horizontal consolidation Horizontal consolidation is when a lot of different firms in the same business come together to form one large company. This move can be very profitable for all parties involved.
economy of scale
trust
monopoly when a company has complete control over thier products market
collective bargaining
socialism
anarchist
Created by: Marq
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