Final answer:
The term 'robber barons' refers to wealthy businessmen and industrialists who gained their fortunes through unethical and exploitative practices. They were known for achieving wealth and power through monopolistic control of industries, corrupt business practices, and unfair treatment of workers.
Step-by-step explanation:
The term 'robber barons' refers to wealthy businessmen and industrialists who gained their fortunes through unethical and exploitative practices during the late 19th century in the United States. These individuals were known for achieving wealth and power through monopolistic control of industries, corrupt business practices, and unfair treatment of workers. They were criticized for their disregard of the well-being of society and the working class. Examples of robber barons include John D. Rockefeller, Andrew Carnegie, and J.P. Morgan.
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