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What Developments Occurred Within Emerging Corporations Which Resulted in a Concentration

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What developments occurred within emerging corporations which resulted in a concentration of wealth and power?


Definitions:

Factory Conditions

The working conditions in manufacturing establishments, often highlighted by issues related to worker safety, health hazards, and long hours.

1830s

A decade characterized by significant political, social, and technological changes around the world, including the start of the British Industrial Revolution.

Bargaining Power

The ability of one party in a negotiation to influence the terms and conditions due to its resources, alternatives, or strategic position.

Depression Of 1837

A major economic downturn that began in the United States, characterized by bank failures, high unemployment, and deflation.

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