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He exploited workers to amass his wealth. These practices included exerting control over national resources, accruing high levels of government influence, paying extremely low wages, quashing competition by acquiring competitors in order to create monopolies and eventually raise prices, and schemes to sell stock at inflated prices to unsuspecting investors in a manner which would eventually destroy the company for which the stock was issued and impoverish investors.

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Q: What are examples of the robber barons business and labor practices that have been considered unfair?
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What are 3 examples of the Robber Barons' business and labor practices that have been considered unfair?

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What are 3 examples of robber Barons' business and labor practices that have been considered unfair?

tu mama


What are three examples of the Robber Barons' business and labor practices that have been considered unfair?

During the medival Times, The Robber Barons cheated workers out of pay, consented to a higher nobility to over tax their workers and often forced free labor.


How did business leader earn the nickname robber barons?

People accused them of using unfair business practices.


How did business leaders earn nickname robber barons?

People accused them of using unfair business practices.


Which term best describes wealthy business owners who often engage in unfair or anticompetitive business practices?

Robber barons


What term best describes wealthy business owners who often engaged in unfair business practices?

robber barons good luck on study island :)


How were Carnegie and Rockefeller both robber barons and Philanthropists?

Carnegie and Rockefeller were considered robber barons for their ruthless business practices that led to monopolies in the steel and oil industries, respectively. However, later in life, they became known as philanthropists for their extensive charitable giving, establishing foundations that funded education, public health, and scientific research.


Why were industry leaders knows as captains of industries and robber barons?

People accused them of using unfair business practices.


During the gilded age people who gained their wealth by stealing from the poor were known as?

During the Gilded Age, people who gained their wealth by stealing from the poor were known as "robber barons." These were individuals who amassed great fortunes through unethical business practices such as exploitation of workers and monopolistic control of industries.


What did the railroad barons aroused considerable public opposition by practices such as?

stock watering and bribery of public officials


What is the truth about how the robber barons did business?

they became rich by building monopolies