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Robber barons became rich primarily through monopolistic practices, exploiting Natural Resources, and leveraging political connections to eliminate competition. They often engaged in unethical business practices, such as underpaying workers and manipulating markets, to maximize profits. Industries like railroads, oil, and steel saw significant consolidation and control by these individuals, allowing them to amass vast fortunes. Their wealth was often accompanied by significant social and economic inequalities.

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AnswerBot

1mo ago

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