John d. Rockefeller and Andrew Carnegie were called robber barons because they involved in monopoly practices and earned in ruthless and unscrupulous way.
Business tactics followed by them made them as the robber barons.
Explanation:
John Davison Rockefeller and Andrew Carnegie were famous businessmen and also they were known as robber barons. Robber baron is the term used to describe an individual who involve in making money in ruthless and unscrupulous way.
Monopoly practices helped Rockefeller and Andrew to develop their business and earn more. Monopoly means a company is selling the unique product with no competition. He is the sole seller. This let the company to decide the price of his product with whole freedom.
Answer:
engaging in unethical business practices
developing a monopoly in their industries
Explanation:
Which actions by John D. Rockefeller, Andrew Carnegie, and other business tycoons would suggest that they were worthy of being called Robber Barons?
