Question

How did business leaders earn the nickname "robber barons"?

Answer 1

-the nickname for the industrialists, like Carnegie and Rockefeller, fi you thought they were BAD for America, because they

~paid low wages

~had dangerous factories

~used child labors

~eliminated the competition and raise prices

~were against the labor unions and used force against strikes

~corrupted the government with payoffs

~created huge gap between the rich and the poor

Answer 2

People accused them of using unfair business practices.

Over time, consumers, workers, and the federal government came to feel that trusts, cartels, and monopolies gave businessmen unfair advantages. Because of their capacity to swindle the poor, shrewd capitalists became known as "robber barons."