The Robber Baron era refers to the period in American history during the late 19th century when a few wealthy industrialists gained immense power and wealth through monopolistic practices.
Related terms
Monopoly: A monopoly occurs when one company or individual has exclusive control over a particular industry or market.
Trusts: Trusts were large corporations formed by combining smaller companies under centralized control, often leading to monopolies.
Gilded Age: The Gilded Age was another term used to describe the Robber Baron era, highlighting the extreme wealth and inequality that characterized this period.