Pendleton Civil Service Reform Act: 1883 law that created a Civil Service Commission and stated that federal employees could not be required to contribute to campaign funds nor be fired for political reasons Stalwarts: The Stalwarts were in favor of political machines and spoils system-style patronage, while the Half - Breeds were in favor of civil service reform and a merit system. However, Social Darwinism was the idea of the survival of the fittest, and Gospel of Wealth was created by Carnegie to argue that the wealth of people like him would eventually trickle down through jobs and technology. Gospel of Wealth: These were both ideas to defend big business.
Knight: aka the "Sugar Trust Case." Basically showed that the Sherman Anti-Trust Act was constitutional but it did not apply to manufacturing.
Sherman Anti-Trust Act, 1890: was the first measure passed by the U.S. Vertical is taking over of all the different businesses on which a company relied for its primary function. Horizontal is the combining of a number of firms engaged in the same enterprise into a single corporation, like a holding company. Vertical Integration: The two types of monopolies. Monopoly: a large business that has a monopoly has complete ownership or control of something. Holding Company: A company that owns part or all of the other companies ' stock in order to extend monopoly control It was created by Henry Ford.Ĭorporate Consolidation: big businesses join together to create even larger corporate entities. Send us feedback.Industrialization, Corporate Consolidation, and the Gospel of WealthĪssembly Line Production: allowed workers to remain in one place and master one repetitive action, maximizing output. These example sentences are selected automatically from various online news sources to reflect current usage of the word 'big business.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors.
Big business us history free#
2022 The Left is using big business to censor free speech, the Fox host said. Timothy Noah, The New Republic, Once upon a time, Republicans were the party that supported big business. Tom Krasovic, San Diego Union-Tribune, 15 June 2022 Republicans have sought to please big business, while Democrats have sought to improve life for the broad public. Marcus Crowder, San Francisco Chronicle, 23 June 2022 Americans have been doing big business with Saudi Arabia (and China) for years.
Big business us history zip#
2022 That said, Ged is insistent that his mission is to take on big business.ĭavid Prosser, Forbes, 7 July 2022 Obviously the company does big business operating in a region with four of the top 10 ZIP codes in the country for median home price. 2022 Those include taxing big business, restraining prescription drug prices, slowing climate change, helping families afford private insurance and trimming federal deficits.Įrin Prater, Fortune, 6 Aug.
Pamela Mcclintock, The Hollywood Reporter, 23 Aug. Recent Examples on the Web In 2010, the special-edition Avatar event did big business for a rerelease, earning $10.7 million in North America and $34 million overseas for a total of $44 million.
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