A common form of organization at the turn of the 20^th century was the "trust." What is a trust?

Question

Quizplus · Accepted Answer

A trust, in the context of business history, refers to an arrangement where stockholders in several companies transfer their shares to a single set of trustees, who then control these companies as a single entity, effectively operating as a monopoly. This was a common method used at the turn of the 20th century to control entire industries without having to merge the companies into a single corporation.

A Common Form of Organization at the Turn of the 20th

A Common Form of Organization at the Turn of the 20^th