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The Growing Class of Aristocrats at the End of the Dark

question 51

Multiple Choice

The growing class of aristocrats at the end of the Dark Age made their wealth by:


Definitions:

Federal Trade Commission Act

The federal law of 1914 that established the Federal Trade Commission.

Alcoa Case

A 1945 case in which the courts ruled that the possession of monopoly power, no matter how reasonably that power had been used, was a violation of the antitrust laws; temporarily overturned the rule of reason applied in the U.S. Steel case.

Structuralist Approach

A methodology in economics and social sciences that focuses on understanding the underlying structures that shape economic outcomes.

Treble Damages

A legal remedy that allows a court to triple the amount of the actual or compensatory damages awarded to the plaintiff, often used in antitrust and patent infringement cases.

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