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According to the Monopolies Inquiry Commission, what did concentration of economic power foster?
  • a)
    Economic disparity.
  • b)
    Balanced economic growth.
  • c)
    Corruption.
  • d)
    Economic growth and increased capital formation.
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
According to the Monopolies Inquiry Commission, what did concentration...
The Monopolies Inquiry Commission held that concentration of economic power fostered economic growth, increased capital formation, and contributed to the development of managerial skills. Monopolies were seen as both engines and consequences of growth.
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