Identify and State the Historical Significance of the Following

question 116

Short Answer

Identify and state the historical significance of the following:
-Open Door notes

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Definitions:

Monopolies

The exclusive possession or control of the supply or trade in a service or commodity, often regarded negatively because it restricts competition.

Cease And Desist

A legal order or directive to stop alleged illegal activities.

Federal Trade Commission

A federal agency of the United States established to promote consumer protection and eliminate and prevent anticompetitive business practices.

Horizontal

Often used to describe arrangements or relationships between entities at the same level in a particular market or process.