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 Why were so many of the richest Americans from the Gilded Age period? How is is different for Entrepreneurs today compared to those who acquired their wealth at turn of the century?

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 Why were so many of the richest Americans from the Gilded Age period? How is is different for Entrepreneurs today compared to those who acquired their wealth at turn of the century?

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Some of the richest Americans were from the Gilded Age because they created innovations that ignited the industrial revolution in America. They also lacked competition and therefore where able to monopolize industries
Entrepreneurs who acquired their wealth at the turn of the century have created profit off of wealthy people rather than create a new industry that they monopolize.

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Served the USA positively, created jobs, increased productivity, expanded markets.

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Built fortunes by exploiting workers, formed anti-competitive trusts, and placed the accumulation of wealth above all else while engaging in some unethical and illegal business practices.

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A company operating in several countries.
*Bill Gates

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Process in which overlapping parts of the company will be "right-sized". In other words, the company will eliminate positions that may or may not be redundant and lay-off those employees.
*Andrew Carnegie

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The process by which businesses or other organizations develop international influence or start operating on an international scale.
*Jeff Bezos

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Seek to influence (a politician or public official) on an issue
*John D. Rockefeller

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The desire to promote the welfare of others, expressed especially by the generous donation of money to good causes. Giving to charities, founding libraries and museums to aid the community.
*Bill Gates
*Jeff Bezos

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Companies compete for customers by making a better product at a better price.
*Bill Gates

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confidence placed in a person by making that person the nominal owner of property to be held or used for the benefit of one or more others.
*John D. Rockefeller

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The exclusive possession or control of the supply or trade in a commodity or service. Company achieves control of entire market.
*John D Rockefeller

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The combination that occurs when the company owns all the businesses on  which it depends on for operation
*Andrew Carnegie

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The process in which firms engaged in the same type of business are combined into one large corporation.
*John D. Rockefeller