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Cartels
A cartel is a group of independent market participants who collaborate with each other as well as agreeing not to compete with each other in order to improve their profits and dominate the market. A cartel is an organization formed by producers to limit competition and increase prices by creating artificial shortages through low production quotas, stockpiling, and marketing quotas. Jurisdictions frequently consider cartelization to be anti-competitive behavior, leading them to outlaw cartel practices. Cartels are inherently unstable due to the temptation by members of the cartel to cheat and defect on each other by improving their individual profits, which may lead to falling prices for all members. The doctrine in economics that analyzes cartels is cartel theory. Cartels are distinguished from other forms of collusion or anti-competitive organization such as corporate mergers. Advancements in technology or the emergence of substitutes can undermine cartel pricing power, leadi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kingdom Of Naples
The Kingdom of Naples (; ; ), officially the Kingdom of Sicily, was a state that ruled the part of the Italian Peninsula south of the Papal States between 1282 and 1816. It was established by the War of the Sicilian Vespers (1282–1302). Until then, the island of Sicily and southern Italy had constituted the "Kingdom of Sicily". When the island of Sicily revolted and was conquered by the Crown of Aragon, it become a separate kingdom also called the Kingdom of Sicily. This left the Neapolitan mainland in the possession of Charles of Anjou who continued to use the name "Kingdom of Sicily". Later, two competing lines of the Angevin family competed for the Kingdom of Naples in the late 14th century, which resulted in the murder of Joanna I at the hands of her successor, Charles III of Naples. Charles' daughter Joanna II adopted King Alfonso V of Aragon as heir, who would then unite Naples into his Aragonese dominions in 1442. As part of the Italian Wars, France briefly r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economics Of Fascism
Historians and other scholars disagree on the question of whether a specifically fascist type of economic policy can be said to exist. David Baker argues that there is an identifiable economic system in fascism that is distinct from those advocated by other ideologies, comprising essential characteristics that fascist nations shared. Payne, Paxton, Sternhell ''et al.'' argue that while fascist economies share some similarities, there is no distinctive form of fascist economic organization. Gerald Feldman and Timothy Mason argue that fascism is distinguished by an absence of coherent economic ideology and an absence of serious economic thinking. They state that the decisions taken by fascist leaders cannot be explained within a logical economic framework. Fascist movements tended to not have any fixed economic principles, other than a general desire that the economy should help build a strong nation. As such, scholars argue that fascists had no economic ideology, but they di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Francisco Franco
Francisco Franco Bahamonde (born Francisco Paulino Hermenegildo Teódulo Franco Bahamonde; 4 December 1892 – 20 November 1975) was a Spanish general and dictator who led the Nationalist faction (Spanish Civil War), Nationalist forces in overthrowing the Second Spanish Republic during the Spanish Civil War and thereafter ruled over Spain from 1939 to 1975, assuming the title ''Caudillo''. This period in Spanish history, from the Nationalist victory to Franco's death, is commonly known as Francoist Spain or as the Francoist dictatorship. Born in Ferrol, Spain, Ferrol, Galicia, into an upper-class military family, Franco served in the Spanish Army as a cadet in the Toledo Infantry Academy from 1907 to 1910. While serving in Spanish protectorate in Morocco, Morocco, he rose through the ranks to become a brigadier general in 1926 at age 33. Two years later, Franco became the director of the General Military Academy in Zaragoza. As a Conservatism, conservative and Monarchism, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mussolini
Benito Amilcare Andrea Mussolini (29 July 188328 April 1945) was an Italian politician and journalist who, upon assuming office as Prime Minister, became the dictator of Fascist Italy from the March on Rome in 1922 until his overthrow in 1943. He was also of Italian fascism from the establishment of the Italian Fasces of Combat in 1919, until his summary execution in 1945. He founded and led the National Fascist Party (PNF). As a dictator and founder of fascism, Mussolini inspired the international spread of fascism during the interwar period. Mussolini was originally a socialist politician and journalist at the ''Avanti!'' newspaper. In 1912, he became a member of the National Directorate of the Italian Socialist Party (PSI), but was expelled for advocating military intervention in World War I. In 1914, Mussolini founded a newspaper, '' Il Popolo d'Italia'', and served in the Royal Italian Army until he was wounded and discharged in 1917. He eventually denounced the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nazi Germany
Nazi Germany, officially known as the German Reich and later the Greater German Reich, was the German Reich, German state between 1933 and 1945, when Adolf Hitler and the Nazi Party controlled the country, transforming it into a Totalitarianism, totalitarian dictatorship. The Third Reich, meaning "Third Realm" or "Third Empire", referred to the Nazi claim that Nazi Germany was the successor to the earlier Holy Roman Empire (800–1806) and German Empire (1871–1918). The Third Reich, which the Nazis referred to as the Thousand-Year Reich, ended in May 1945, after 12 years, when the Allies of World War II, Allies defeated Germany and entered the capital, Berlin, End of World War II in Europe, ending World War II in Europe. After Hitler was appointed Chancellor of Germany in 1933, the Nazi Party began to eliminate political opposition and consolidate power. A 1934 German referendum confirmed Hitler as sole ''Führer'' (leader). Power was centralised in Hitler's person, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial Organisation
In economics, industrial organization is a field that builds on the theory of the firm by examining the structure of (and, therefore, the boundaries between) firms and market (economics), markets. Industrial organization adds real-world complications to the perfect competition, perfectly competitive model, complications such as transaction costs, limited information economics, information, and barriers to entry of new firms that may be associated with imperfect competition. It analyzes determinants of firm and market organization and behavior on a continuum between Competition (economics), competition and monopoly, including from government actions. There are different approaches to the subject. One approach is descriptive in providing an overview of industrial organization, such as measures of competition and the size-concentration ratio, concentration of firms in an industry. A second approach uses microeconomic models to explain internal firm organization and market strategy, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War I
World War I or the First World War (28 July 1914 – 11 November 1918), also known as the Great War, was a World war, global conflict between two coalitions: the Allies of World War I, Allies (or Entente) and the Central Powers. Fighting took place mainly in European theatre of World War I, Europe and the Middle Eastern theatre of World War I, Middle East, as well as in parts of African theatre of World War I, Africa and the Asian and Pacific theatre of World War I, Asia-Pacific, and in Europe was characterised by trench warfare; the widespread use of Artillery of World War I, artillery, machine guns, and Chemical weapons in World War I, chemical weapons (gas); and the introductions of Tanks in World War I, tanks and Aviation in World War I, aircraft. World War I was one of the List of wars by death toll, deadliest conflicts in history, resulting in an estimated World War I casualties, 10 million military dead and more than 20 million wounded, plus some 10 million civilian de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trust (business)
A trust or corporate trust is a large grouping of business interests with significant market power, which may be embodied as a corporation or as a group of corporations that cooperate with one another in various ways. These ways can include constituting a trade association, owning stock in one another, constituting a corporate group (sometimes specifically a conglomerate (company), conglomerate), or combinations thereof. The term ''trust'' is often used in a historical sense to refer to monopoly, monopolies or near-monopolies in the United States during the Second Industrial Revolution in the 19th century and early 20th century. The use of corporate trusts during this period is the historical reason for the name "United States antitrust law, antitrust law". In the broader sense of the term, relating to trust law, a trust is a legal arrangement based on principles developed and recognised over centuries in English law, specifically in Equity (law), equity, by which one party convey ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robber Baron (industrialist)
Robber baron is a term first applied by 19th century muckrakers and others as social criticism to certain wealthy, powerful, and unethical 19th-century American businessmen. The term appeared in that use as early as the August 1870 issue of ''The Atlantic Monthly'' magazine. By the late 19th century, the term was typically applied to businessmen who used exploitative practices to amass their wealth. Those practices included Exploitation of natural resources, unfettered consumption and destruction of natural resources, Crony capitalism, influencing high levels of government, wage slavery, Anti-competitive practices, squashing competition by acquiring their competitors, and to create Monopoly, monopolies and/or Trust (business), trusts that control Market (economics), the market. The term combines the sense of criminal ("robber") and illegitimate aristocracy (“baron”) in a republic.Worth Robert Miller, ''Populist cartoons: an illustrated history of the third-party movement in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austria-Hungary
Austria-Hungary, also referred to as the Austro-Hungarian Empire, the Dual Monarchy or the Habsburg Monarchy, was a multi-national constitutional monarchy in Central Europe#Before World War I, Central Europe between 1867 and 1918. A military and diplomatic alliance, it consisted of two sovereign states with a single monarch who was titled both the Emperor of Austria and the King of Hungary. Austria-Hungary constituted the last phase in the constitutional evolution of the Habsburg monarchy: it was formed with the Austro-Hungarian Compromise of 1867 in the aftermath of the Austro-Prussian War, following wars of independence by Hungary in opposition to Habsburg rule. It was dissolved shortly after Dissolution of Austria-Hungary#Dissolution, Hungary terminated the union with Austria in 1918 at the end of World War 1. One of Europe's major powers, Austria-Hungary was geographically the second-largest country in Europe (after Russian Empire, Russia) and the third-most populous (afte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German Empire
The German Empire (),; ; World Book, Inc. ''The World Book dictionary, Volume 1''. World Book, Inc., 2003. p. 572. States that Deutsches Reich translates as "German Realm" and was a former official name of Germany. also referred to as Imperial Germany, the Second Reich or simply Germany, was the period of the German Reich; . from the unification of Germany in 1871 until the German revolution of 1918–1919, November Revolution in 1918, when the German Reich changed its form of government from a monarchy to a Weimar Republic, republic. The German Empire consisted of States of the German Empire, 25 states, each with its own nobility: four constituent Monarchy, kingdoms, six Grand duchy, grand duchies, five Duchy, duchies (six before 1876), seven Principality, principalities, three Free imperial city, free Hanseatic League, Hanseatic City-state, cities, and Alsace–Lorraine, one imperial territory. While Prussia was one of four kingdoms in the realm, it contained about two-thirds ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
