Find a historical example of crony capitalism

Reference no: EM133727775

Assignment:

Search the Internet: Find a contemporary or historical example of crony capitalism. Look for instances where businesses or individuals have used their political connections to gain favorable treatment, such as subsidies, contracts, regulations that benefit them at the expense of competitors, or other forms of government support.

Describe Your Example: In your post, summarize the example you found. Be sure to explain:

Who was involved (individuals or companies)?
What kind of political or economic advantage they obtained?
How this advantage impacted the market or economy.
Provide a link to your source for classmates who may want to read more about your example.

Reference no: EM133727775

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