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Late 1800s
A period characterized by significant industrial, social, and technological changes, occurring in the 19th century.
Sherman Antitrust Act
A landmark federal statute in the U.S. passed in 1890 to prohibit monopolistic business practices and ensure competition in the marketplace.
Monopoly Power
The ability of a single seller or firm to control the market price and output of a good or service, due to lack of competition.
United States
A country located in North America, consisting of 50 states and known for its significant influence on global culture, economy, and politics.
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