Aristotle pioneered the use of the term as meaning rule by the rich, for which another term commonly used today is plutocracy. In the early 20th century Robert Michels developed the theory that democracies, as all large organizations, have a tendency to turn into oligarchies.
The Sherman Antitrust act was created for that purpose, but it was also supported by the Clayton Antitrust Act which came later on. Roosevelt was known as "Teddy the Trust-Buster" for his strict enforcement of these acts.
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The more widely used automobiles became, the more they began to affect the daily lives of Americans. During this time suburbs were also becoming popular. The automobile played a major role in the spreading out of these suburbs. It heavily influenced family life, and made for a more mobile society.
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