Question

Why did large companies take over the mining of underground lodes?


Congress passed laws granting underground mining rights to certain companies.


The law required miners to pay a large deposit to cover any violence that erupted at the mines.


Getting gold from underground lodes required heavy and expensive machinery.

Answer 1

Large companies took over the mining because Congress passed laws granting underground mining rights to certain companies.

Explanation:

US was in the middle of a gold and oil rush as a lot of resources were discovered on the US sol by industrialist who moved into the towns and built big industries around the mines and mined the resources.

This became a hegemony of big companies because the Congress passed laws to grant the underground mining rights to certain companies only.

This made the business a hegemonic one.