Which of the merger waves in the United States resulted in the concentration of several major industries into oligopolies?
A)Wave I: 1897 - 1904
B)Wave II: 1916 - 1929
C)Wave III: 1965 - 1981
D)Wave IV: 1981 - 1989

Question

Quizplus · Accepted Answer

The second merger wave in the United States, which occurred between 1916 and 1929, resulted in the concentration of several major industries into oligopolies. This period saw the formation of large corporations such as General Motors and AT&T, and the rise of industries including chemicals, rubber, and petroleum. The wave ended with the stock market crash of 1929, which led to the Great Depression.

Which of the Merger Waves in the United States Resulted