Between 1860 and 1870 the South's Share of the National

question 54

Short Answer

Between 1860 and 1870 the South's share of the national wealth dropped from 30 percent to ____________________.

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Definitions:

Interlocking Directorates

Interlocking directorates occur when members of the board of directors for one company serve on the boards of directors for other companies, potentially leading to conflicts of interest and reduced competition.

Clayton Act

A U.S. antitrust law, passed in 1914, aimed at increasing competition by prohibiting certain actions that lead to anti-competitiveness.

Sherman Act

A foundational antitrust law in the United States designed to prevent monopolistic practices and promote competition.

Competition

The rivalry among businesses to attract customers and gain market share, driving innovation, efficiency, and lower prices.