Final answer:
John D. Rockefeller, Andrew Carnegie, and other business tycoons were labeled as Robber Barons due to their monopolistic practices, exploitation of workers, and political influence.
Step-by-step explanation:
John D. Rockefeller, Andrew Carnegie, and other business tycoons are often referred to as Robber Barons due to their controversial business practices and immense wealth accumulation during the late 19th and early 20th centuries. Some actions that suggest they were worthy of this label include:
- Monopolistic Practices: Rockfeller's creation of the Standard Oil Company and Carnegie's domination of the steel industry were achieved through ruthless tactics such as undercutting prices, driving competitors out of business, and forming monopolies.
- Exploitation of Workers: Both Rockefeller and Carnegie were known for harsh working conditions and low wages, with reports of long hours, unsafe practices, and anti-union efforts.
- Political Influence: These business tycoons used their wealth to exert significant influence over the government, often through lobbying and bribery, to protect their business interests and maintain their power.
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