Tamil Nadu Board of Secondary EducationSSLC (English Medium) Class 10th
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Write a note on Trusts and Cartels. - Social Science

Answer in Brief

Write a note on Trusts and Cartels.

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Solution

  1. A Trust is an Industrial organization in the USA engaged in production, distribution of a commodity and control over its supply and price.
  2. A Cartel was an association in Germany which was based upon a contractual agreement between people doing the same type of business.
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