Robber Baron -Big Business owner who attempts to control a particular market
Captain of Industry-
was a business leader whose means of amassing a personal fortune contributes positively to the country in some way.
Monopoly
A situation in which a single company or group owns all or nearly all of the market for a given type of product or service. By definition, monopoly is characterized by an absence of competition, which often results in high prices and inferior products.
An oligopoly is a market form in which a market or industry is dominated by a small number of sellers (oligopolists). Oligopolies can result from various forms of collusion which reduce competition and lead to higher prices for consumers.
Cartel
In economics, a cartel is an agreement between competing firms to control prices or exclude entry of a new competitor in a market. It is a formal organization of sellers or buyers that agree to fix selling prices, purchase prices, or reduce production using a variety of tactics.
Political cartoon criticizing the "robber barons" of industry for profiting off of workers who were poorly paid and subjected to harsh conditions. Puck magazine, February 1883. Image courtesy Wikimedia Commons.
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