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How do you feel about robber barons? Write three sentences of the positives and negatives of robber barons.

Answers

Answer 1

Answer:

Positives:

Robber barons were often seen as visionaries and risk-takers who drove economic growth through their entrepreneurial spirit and innovative business practices.

They invested heavily in new industries, leading to the development of new technologies and the creation of jobs.

Their philanthropy helped build institutions and infrastructure that still benefit society today, such as universities, libraries, and museums.

Negatives:

The term "robber baron" was originally used to describe the unscrupulous business practices of these capitalists, including price fixing, monopolization, and corruption.

They gained their wealth and power at the expense of workers and small businesses, often engaging in exploitative labor practices and suppressing competition.

Their influence over government policies and politics was often used to further their own interests, rather than those of the general public.

Explanation:


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