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What was a change in American business practices during the late twentieth and early twenty-first centuries?

outsourcing services overseas


What titans of industry played a major role in holding the economic system together with his banking and business practices?

People like Andrew Carnegie and John D. Rockefeller were titans of industry who held the American economy together. Their business practices made them incredibly wealthy and created an unhealthy economic structure, but they funnelled money into the American economy that kept it running.


How did John D Rockefeller impact big business?

John D. Rockefeller revolutionized big business through the creation of the Standard Oil Company, which set the standard for corporate structure and strategy in the late 19th and early 20th centuries. He pioneered practices such as horizontal integration, acquiring competing oil companies to eliminate competition and monopolize the market. His business tactics, including aggressive pricing strategies and efficient production methods, significantly lowered costs and increased consumer access to oil products. Rockefeller's influence also led to the establishment of regulatory measures aimed at curbing monopolistic practices, shaping the landscape of American business.


What was partly responsible for falling stock prices reduced consumer confidence and the passage of the American Recovery and Reinvestment Act?

Risky business practices by large multinational corporations such as AIG


Why were John d Rockefeller Andrew Carnegie and JP Morgan called captains of industry?

John D. Rockefeller, Andrew Carnegie, and J.P. Morgan were called "captains of industry" because they played pivotal roles in transforming the American economy during the late 19th and early 20th centuries. They were instrumental in the growth of major industries—oil, steel, and finance—through innovative business practices and strategic investments. Their efforts not only led to the expansion of their respective companies but also contributed to the overall industrialization and modernization of the United States. Moreover, their philanthropic endeavors later in life further solidified their legacies as influential figures in American history.

Related Questions

What was a change in American business practices during the late twentieth and early twenty-first centuries?

outsourcing services overseas


Which was not a change in American business practices during the late twentieth and early twenty first century?

Multiple-choice questions only work when given the list of possible answers.


How does American literature of the early twentieth century differ from American literature of the nineteenth century?

Twentieth-century literature covers a broad range of subjects from diverse contributors.


Which South American city sank more than Venice during the twentieth century?

Which South American city sank more than Venice during the twentieth century?


Until the twentieth century most American farms were owned by who?

In the Pacific Northwest, the south, the Appalachias, and areas around the Great Lakes, produce


Is new moon out in American yet?

not yet... it comes out in November this year on the twentieth


Writers who wrote about the problems of American life in the early twentieth century were called what?

muckrackers


Who was the first African American professional baseball player of the twentieth century?

Jackie Robinson.


Who is Charles bernard bell?

he is one of the leading African American mathematicians of the twentieth century


What did most American homes have at the end of the twentieth century that they did not have before 1945?

Most American homes had televisions at the end of the twentieth century. They did not have televisions in homes before 1945. Telephones also became more popular around the same time.


What are the release dates for The American Experience - 1988 The United States in the Twentieth Century Part 1 1900-1933?

The American Experience - 1988 The United States in the Twentieth Century Part 1 1900-1933 was released on: USA: 2005


What has the author Joseph Warren Beach written?

Joseph Warren Beach has written: 'English literature of the nineteeenth and the early twentieth centuries' 'The making of the Auden canon' 'American fiction, 1920-1940' -- subject(s): American fiction, History and criticism, 20th century, Addresses, essays, lectures 'Involuntary witness' 'The comic spirit in George Meredith'