Clayton Antitrust Act, 1914, passed by the U.S. Congress as an amendment to clarify and supplement the Sherman Antitrust Act of 1890. It was drafted by Henry De Lamar Clayton.
DEFINITION of 'Gentrification'. Gentrification refers to a process of urban renewal wherein a neighborhood or city develops economically so that original residents are displaced. It is often defined by an influx of wealthier residents and businesses, resulting in an increase in property values.
Gentrification can be defined as the upward change in land use to middle and upperincome residential. (Keating, 2003n the simplest form ). I can be explained as the upgrading of devaluedit or deteriorated. urban property by the middle class or affluent people. It can also be thought of as âreversed. neighborhoodâ (Freeman, 2008). Gentrification is a common issue in urbanized nations around the. world.