asked 226k views
4 votes
What is true about how the robber barons did business apex?

asked
User PanxShaz
by
8.3k points

2 Answers

2 votes

Answer:

They gave away money to charities and the needy.

Step-by-step explanation:

They gave away money to charities and the needy.

answered
User AbdAllah
by
8.0k points
7 votes

Answer;

They became rich by building monopolies

Explanation;

-America's tycoons in the 19th and early 20th centuries, nicknamed as "robber barons," built massive empires and accumulated unprecedented wealth.

-Many of these men gained their vast fortunes either at the expense of their factory workers or by methods that were considered unscrupulous even back then, a time when insider trading wasn't yet outlawed.

-However, some of them also gave away their fortunes to build universities, hospitals, libraries, and museums that still dot America today.

answered
User Scott Ivey
by
8.7k points
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