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.
These 7 Cities Expose Exactly What Gentrification Is Doing to America. Twenty-five years ago, the term gentrification was largely unfamiliar to the average American. Today, you can't talk about cities, race, rent or overpriced coffee without bringing it up. It's a hard phenomenon to measure, yet most agree its harbingers include the rapid influx of young, well-to-do white people into once low-income neighborhoods, often in the inner city, usually populated by people of color. 1  The rest is history.