Why the U.S. Is Beyond the Gilded Age

Why the U.S. Is Beyond the Gilded Age

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the impact of crony capitalism on true capitalism, highlighting how large companies influence policies for subsidies and tax cuts. It examines the increased concentration in industries, leading to reduced competition and higher prices. The video also explores regulatory and legislative changes, particularly in the tech sector, and the potential for new antitrust laws. It addresses the effects of market concentration on consumers and the labor market, emphasizing the imbalance between corporate power and worker bargaining power.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the difference between crony capitalism and true capitalism as discussed in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the concentration of industries changed over the past 20 years according to the speaker?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do antitrust enforcement and industrial concentration levels play in the discussion of capitalism?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the 'tech lash' mentioned in the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the future of legislative changes regarding corporate power and market competition?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What evidence does the speaker provide to support the claim that reducing the number of competitors raises prices?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the speaker suggest that corporate power has changed in relation to labor power?

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