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Was not a robber baron apex?
The term "robber baron" typically refers to unscrupulous industrialists or monopolists in the late 19th century who amassed great wealth through exploitative practices. While some figures like John D. Rockefeller and Andrew Carnegie are often labeled as robber barons, others, such as Thomas Edison, focused on innovation and technology that contributed positively to society. Therefore, not every wealthy industrialist of the era can be classified as a robber baron, as their methods and impacts varied significantly.
What outlawed certain methods used by corporations to crush their competitors?
Antitrust laws outlaw certain methods used by corporations to crush their competitors. These laws aim to prevent anti-competitive behavior such as monopolies, price fixing, and other unfair business practices. Additionally, these laws promote fair competition and protect consumer interests.
How did John D Rockefeller strengthen his control over the oil industry?
John D. Rockefeller gained an almost total monopoly over the oil industry by controversial methods. Not only did he fully integrate the industry both vertically and horizontally, he also undercut his competition in price, sold the oil at different prices to different buyers, and offered secret transportation.
Ship to Canada from Hong Kong?
There are various methods of shipping that can be used between Canada and Hong Kong. Reliable shipping companies include UPS and Fed Ex.
What was considered a legal activity under the Sherman's antitrust act?
The Sherman Antitrust Act was designed to maintain competition in business and to allow fair trade. It allows reasonable restraints of trade and market gains obtained by honest means. It allows monopolies that have been created through efficient, competitive behavior as long as honest methods have been employed.
How were Rockefeller's methods for building standard oil different from Carnegie's in building his steel company?
because Carnegie, unlike Rockefeller tried to beat his competition in the steel industry by making the best and cheapest product
What do you think about business methods of Carnegie Rockefeller and Stanford?
they sold places to gain money so that they can be multimillionaire
What do you think about the business methods of Carnegie-Rockefeller and Stanford?
they sold places to gain money so that they can be multimillionaire
What do you think about the business's methods of Carnegie Rockefeller and Stanford?
they sold places to gain money so that they can be multimillionaire
Who was the journalist that exposed the ruthless methods of John D. Rockefeller?
Ida Tarbell was the journalist who exposed the ruthless methods of John D. Rockefeller through a series of articles in McClure's Magazine in the early 1900s. Her investigative reporting helped pave the way for antitrust legislation and a greater awareness of the power of monopolies in the United States.
Who is an example of a robber baron?
Jay Gould is an example of robber baron because he was a business leader who became wealthy through dishonest methods. Others are Rockefeller and Carnegie.
Who is a example is a of robber baron?
Jay Gould is an example of robber baron because he was a business leader who became wealthy through dishonest methods. Others are Rockefeller and Carnegie.
What was john d Rockefeller's methods of operation?
He hugged Kitties
What methods did john d Rockefeller use to gain his control?
heh
What were some of the methods used by businessmen to create monopolies and increase profit?
By eliminating competition to control prices
What methods did Andrew Carnegie and john Rockefeller use to consolidate their industry?
Andrew Carnegie used vertical integration to consolidate the steel industry by controlling every aspect of production, from raw materials to transportation and manufacturing. In contrast, John D. Rockefeller employed horizontal integration by buying out competitors and forming trusts to dominate the oil industry. Both leaders achieved significant economies of scale and reduced competition, allowing them to exert substantial control over their respective markets. Their strategies set the stage for modern corporate practices in America.
Why the government try to stop monopolistic firm?
Monopolies have basically no competition, so they can charge whatever prices they want and use unfair business methods, which is bad for customers, so the government tries to stop monopolies from forming.
