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When there is no competition in business
city area
A great organizer Bought many businesses, including Carnegie Steel Controlled many RR's Worth Billions Banking Mogul
crowded apartment buildings where many people lived during the Industrial Revolution
area located on the out skirts of the cities
The government allows business owners to do as they choose
farm area
new businesses needed money (capital) to start up. A corporation was one way to get that capital. Corporations sell shares of their business, called stocks, to the public. If the company does well, stockholders earn a profit
Someone who starts up their own business
when workers and immigrants from other countries moved into urban areas (cities) and began to work in the factories. This began in the US in the 1870's