Author : Tim McNeese
Publisher : Infobase Publishing
ISBN 13 : 1438104383
Total Pages : 129 pages
Book Rating : 4.4/5 (381 download)
Book Synopsis The Robber Barons and the Sherman Antitrust Act by : Tim McNeese
Download or read book The Robber Barons and the Sherman Antitrust Act written by Tim McNeese and published by Infobase Publishing. This book was released on 2009 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the decades following the American Civil War, the economy of the United States experienced phenomenal growth. At every turn - in agriculture, shipping, merchandizing, manufacturing, and transportation - a new American system of production and distribution was born. As the economy grew, so did the personal wealth of a handful of intrepid investors, dealmakers, and Wall Street financiers. A new class of business leaders was born, dominating their sectors of the nation's ever-expanding industrial base. To some, they were the mighty titans of industry. To others, they were greedy robber barons.As the American people came to question the robber barons' self-serving business practices, observers called for reform. The call was answered in 1890 with the passage of the Sherman Antitrust Act, a piece of legislation designed to bring down these controlling interests in the U.S. economy. The Robber Barons and the Sherman Antitrust Act explores the foundations and repercussions of the law that reshaped American business.