<span>Robber barons were accused of eliminating competition through predatory pricing and then overcharging when they had a monopoly.</span>The term combines the concept of a criminal robber with an illegitimate aristocrat baron.The term "robber baron" contrasted with the term "captain of industry," which described industrialists who also benefitted society.<span>Nineteenth-century robber barons included J.P. Morgan, Andrew Carnegie, Andrew W. Mellon, and John D. Rockefeller.</span><span>In order to prevent single companies from developing a monopoly over an entire industry, public officials during this era put passing and enforcing strong antitrust laws high on their agenda. </span>The term "robber baron" was applied to powerful nineteenth-century industrialists who were viewed as having used questionable practices to amass their wealth. On the other hand, "captains of industry" were business leaders whose means of amassing a personal fortune contributed positively to the country in some way.
South Africa’s Youth Unemployment Rate has
observed an increasing trend since the year 2008. During the year 2015, Youth
Unemployment reached a staggering 63.1% rating where 1 out of 4 youths are
still unemployed. Two main reasons for this are:
a. Low pay on agricultural sector or informal job
settings – which demotivates the youth
<span>b. Government is not paying attention in
increasing more formal jobs available for the youth </span>
Answer:
The entry of the United States into World War II caused vast changes in virtually every aspect of American life. Millions of men and women entered military service and saw parts of the world they would likely never have seen otherwise. The labor demands of war industries caused millions more Americans to move--largely to the Atlantic, Pacific, and Gulf coasts where most defense plants located. When World War II ended, the United States was in better economic condition than any other country in the world. Even the 300,000 combat deaths suffered by Americans paled in comparison to any other major belligerent.
Building on the economic base left after the war, American society became more affluent in the postwar years than most Americans could have imagined in their wildest dreams before or during the war. Public policy, like the so-called GI Bill of Rights passed in 1944, provided money for veterans to attend college, to purchase homes, and to buy farms. The overall impact of such public policies was almost incalculable, but it certainly aided returning veterans to better themselves and to begin forming families and having children in unprecedented numbers.
