Why did business owners in the late 19th century attempt to establish trusts

The answer is: because bussinessman want to consolidate as much power as they can in large corporate companies.

Explanation:

It all started during the Second Industrial Revolution when the Standard Oil's General Solicitor helped Rockefeller to consolidate his control over the acquisitions of Standard Oil.

A corporate trust is used to refer to near-monopolies that are embodied as a group of corporations that tend to cooperate between them in different ways. These ways include from constituing trade association to owning stock in one another and more.

However, these trusts were acusated of seeking for abuse of their market power to engage in anticompetitve bussiness practice. Therefore that later took place the Sherman Antitrust Act in 1890.

most people now work in jobs where they do one  kind  of work; they are carpenters, bankers, cooks, mechanics, and so forth. likewise, most  businesses produce  only certainkinds  of  goods  or  services, such as cars, tacos, or gardening  services. this feature of  production  is known as specialization.

ok i will try

explanation: