Examlex
Stagflation occurs when short-run aggregate supply decreases.
Andrew Carnegie
A Scottish-American industrialist and philanthropist who led the expansion of the American steel industry in the late 19th century.
John D. Rockefeller
An American industrialist and philanthropist who played a pivotal role in the establishment of the oil industry in the United States.
J.P. Morgan
An American multinational investment bank and financial services holding company, known for its significant role in the history of banking and finance in the United States and globally.
Early Industry
The phase of industrial development marked by the introduction and growth of manufacturing, commonly associated with the Industrial Revolution.
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