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Answer the following:

Why were so many of the richest Americans from the Gilded Age period?

The Gilded Age was an era of rapid economic growth, especially in the North and West.

How is it different for Entrepreneurs today compared to those who acquired their wealth at turn of the century?

`In the Gilded Age it was more family money, money built from generations, compared to today where there isn't family money. As well as different interests today then back then, examples such as style, technology, etc...

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John D. Rockefeller, oil industry business magnate and philanthropist.

net worth of $340 billion

Captain of industry

Known for exposing many different ways for companies to run more efficiently and cut costs. He was also loved by employees.

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Elon Musk, Tesla Inc

net worth of $13.9 billion

Captain of industry

Known for his ingenuity and his investment into far-fetched and groundbreaking projects.

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Bill Gates, Microsoft corporation

net worth of $83.9 billion

Captain of industry

Known for being one of the richest men in the world, owns his own charity called Bill and Melinda Gates Foundation, and donates 1 billion yearly to charity.

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Period 6

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a company operating in several countries

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In the context of financial accounting,consolidation refers to the aggregation of financial statements of a group company as consolidated financial statements.

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the process by which businesses or other organizations develop international influence or start operating on an international scale.

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an economic system in which private business operates in competition and largely free of state control.

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the exclusive possession or control of the supply or trade in a commodity or service.

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the desire to promote the welfare of others, expressed especially by the generous donation of money to good causes.

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the combination in one company of two or more stages of production normally operated by separate companies.

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seek to influence (a politician or public official) on an issue

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firm belief in the reliability, truth, ability, or strength of someone or something.

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Horizontal integration is the process of a company increasing production of goods or services at the same part of the supply chain.