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Q: How did Rockefeller create a monopoly in the oil industry through his Standard Oil Company?
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How was John D Rockefeller a robber baron?

He made the railroad fast and efficiant.


What industry was Rockefeller in?

John D. Rockefeller was the founder of the Standard Oil Company.


What did Rockefeller hate most?

Rockefeller was known to dislike competition, particularly from other companies in the oil industry. He worked to establish a monopoly with his company, Standard Oil, in order to control the market and eliminate rivals.


Who built the oil industry?

John D. Rockefeller with the Standard Oil Company. :DDD


Who became the world's first billionaire in 1916?

John D. Rockefeller, who made his fortune in the oil industry. With the rise of his company Standard Oil.


What was the importance of the standard oil company?

The Standard Oil Company was established in 1870 and was the world's largest oil refinery. In 1911 the Supreme Court ruled that Standard Oil was an illegal monopoly at which time it was dissolved into 33 smaller companies making John Rockefeller the richest man in the world.


Who exposed Rockefeller's Standard Oil Company's unethical practices that allowed it to become a monopoly?

Lincoln Steffens was known for exposing corruption in city government. Ida Tarbell was the person that exposed Rockefeller Standard Oil.


What is John D Rockefeller's Main industry?

Oil - he owned Rockefeller's standard oil company, making him the first US man to be worth $1bn.


Who founded the Standard Oil Company?

John D. Rockefeller founded the Standard Oil Company.was founded by John D. Rockefeller in 1863 in Ohio, United States. He was the first person who revolutionized the petroleum industry, and became one of the richest men in the world.


What is a company that has control of an entire industry?

A monopoly


How did Rockefeller become rich?

John Rockefeller(1839-1937) was founder of Standard oil and one of the world's largest petroleum company and made a fortune between 1863-1882 with near monopoly business in oil.


The situation in which a single company controls an entire industry is called what?

a trust