The Celler-Kefauver Act of 1950

question 100

Multiple Choice

The Celler-Kefauver Act of 1950

• A)modified patent legislation by reducing the number of years over which a patent is applicable.
• B)prohibited any firm from acquiring the real assets of another firm where the effect was to lessen competition.
• C)declared all conglomerate mergers to be illegal.
• D)prohibited any firm from buying the stock of another firm where the effect was to lessen competition.

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Definitions:

Georg Simmel

A German sociologist and philosopher who contributed to the foundations of sociology and the study of social forms and interactions.

City Dwellers

Individuals who live in urban areas characterized by high population density and vast human features in comparison to areas surrounding it.

Objective Terms

The words or phrases used to describe facts or reality without influence from personal feelings or interpretations.

Gentrified

Refers to a process where a neighborhood undergoes urban renewal, leading to increased property values and displacing lower-income residents.