A company town is a town or city in which much or all real estate, buildings (both residential and commercial), utilities, hospitals, small businesses such as grocery stores and gas stations, and other necessities or luxuries of life within its borders are owned by a single company. Marktown, Clayton Mark's planned worker community in Northwest Indiana is an example of a company town. The term is used in the US and UK to refer to a town or city where loyalty to the company that is perceived to be responsible for its success is expected and that company is, or was, a major employer in the area.
Read more about Company Town: Overview, United States, Outside The United States, Paternalism, The Pullman Lesson, Model Company Towns, The Decline of American Company Towns
Famous quotes containing the words company and/or town:
““We’ll encounter opposition, won’t we, if we give women the same education that we give to men,” Socrates says to Galucon. “For then we’d have to let women ... exercise in the company of men. And we know how ridiculous that would seem.” ... Convention and habit are women’s enemies here, and reason their ally.”
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