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Bumek [7]
3 years ago
11

Help please! ill mark brainliest if correct.

Social Studies
1 answer:
Doss [256]3 years ago
5 0

John D. Rockefeller and Andrew Carnegie were called <em>robber barons </em>because they earned profits by intentionally restricting the production of goods and then raising prices. The Encyclopedia Britannica defines a <em>robber baron </em>as a derogatory term that was used to refer to American industrialists and financiers who made fortunes by monopolizing huge industries through the formation of trusts, engaging in unethical business practices, exploiting workers, and paying little heed to their customers or competition. I believe this would all fit under the last answer option! I hope this helps!

(btw, Nice Kokichi PFP :])

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