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The last quarter of the 19th century became one of the most significant periods of the US history due to a number of events, such as the long confrontation between Republicans and Democrats and the policy of Laissez-faire, movement of Populists, rapid economic development and the prosperity of enterprises, a large influx of immigrants into the country and growth of labor unions. During this period of history John D. Rockefeller, Andrew W. Mellon, J. P. Morgan, Cornelius Vanderbilt, Andrew Carnegie and other huge industrialists became known as “robber barons” because of their exceptional financial success. After the Civil War the United ...
