The most distinctive development in the evolution of capitalism beginning in the late nineteenth century was:

Question

Quizplus · Accepted Answer

The late nineteenth century saw the rise of giant monopolies, a key development in the evolution of capitalism. This period, often referred to as the age of monopolies or trusts, marked a shift from competitive markets to more controlled and concentrated economic power in the hands of a few large corporations.

The Most Distinctive Development in the Evolution of Capitalism Beginning