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economics

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Miscellaneous

 

Written by:

Julio H

 

Date added:

September 13, 2014

 

Level:

University

 

Grade:

A

 

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3 / 685

 

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Rockefeller. In 1910 Mr. Rockefeller's net worth was equal to nearly 2.5% of the whole US economy, the equivalent of nearly $250bn in today's terms, or at least twice as much as Bill Gates. The opposition to the trusts, particularly among farmers who protested against the high cost of rail transport to take their products to the cities, led to the passage of the first anti-trust law - The Sherman Act - in 1890...
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The opposition to the trusts, particularly among farmers who protested against the high cost of rail transport to take their products to the cities, led to the passage of the first anti-trust law - The Sherman Act - in 1890. But it was more than 20 years later when Standard Oil was brought before the courts...
displayed 300 characters

General issues of this essay:
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