Business Practices At The Twentieth Century

2727 Words Jul 14th, 2015 11 Pages
Business practices at the beginning of the twentieth century: Mexico versus the U.S. The economic scene in the United States and Mexico in the early twentieth century was characterized by a marked trend toward the monopolistic organization of industry. In the United States, the first attempt to regulate this type of activity was the Sherman Act of 1890, which is a clear example of an emerging awareness of these anticompetitive behaviors and represents an effort to stop them to promote economic development; however, these were insufficient given the ingenuity of businessmen and their ability to violate the law through various tactics, including cooperation between businessmen and the political sector, and legal evasions using technicalities and loopholes to enable them in order to continue unimpeded.

Key aspects of the differences in economic development between the U.S. and Mexico in the nineteenth century
The U.S. of the nineteenth century was generally characterized by its expansion to the west with the implications and conflicts that arose between an expansionist population of European origin and native indigenous groups. This was clearly a colonization process, with the subsequent appropriation of land and water by underhanded means, and the plundering of natural resources. This would place various native inhabitants of these vast regions in critical situations. The initial strategy for the U.S. was the formation of defined territories for the use and exploitation of…
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