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What American business had a monopoly on the fur trade in the Far West?

A. Cornelius Vanderbilt B. Nicholas Biddle C. John Jacob Astor D. A...

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What American business had a monopoly on the fur trade in the Far West?

A. Cornelius Vanderbilt B. Nicholas Biddle C. John Jacob Astor D. Andrew Carnegie

Answer

c.
John Jacob Astor.
The American business that had a monopoly on the fur trade in the far west was founded by John Jacob Astor.
The business was called American Fur Company.
Since it was founded, the company grew to monopolize the fur trade in the United States by 1830.
It became one of the largest and wealthiest businesses in the United States.

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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 27 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 226 views.

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