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What does Levy mean by capital deepening in the steel industry, and how did it wind up favoring Homestead's bosses (Carnegie and Frick) over striking
What does Levy mean by "capital deepening" in the steel industry, and how did it wind up favoring Homestead's bosses (Carnegie and Frick) over striking workers?
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In the context youre referring to Levys capital deepening refers to the process of increasing the ratio of capital to labor in production often throug...
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Microeconomics A Contemporary Introduction
Authors: William A. McEachern
9th edition
978-0538453714, 538453710, 978-1111415921
