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Digital History
Digital History: Business Organizations [Pdf]
After a brief description of various ways that businesses are organized, find out about the monopolies formed in the age of big business in the late 19th century, focusing primarily on Standard Oil. [pdf]
Council for Economic Education
Econ Ed Link: History of Monopolies in the United States
Monopolies in the United States have existed in many forms. When a business dominates a market, its market power makes it a monopoly. How these businesses use their market power will determine the legality of the monopoly.
Digital History
Digital History: The Sherman Anti Trust Act and Standard Oil [Pdf]
As the influence of large corporations spread in the age of big business, push-back was inevitable. Read about the Sherman Anti-Trust Act and the government's attempts to rein in the laissez-faire attitudes of corporations and the lack...
Federal Reserve Bank
Federal Reserve Bank of Philadelphia: Ten Mile Day [Pdf]
Using the book, Ten Mile Day, by Mary Ann Fraser, this lesson helps children understand division of labor, competition, and incentives in the workplace.