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In the late 1800s the creation of the Standard Oil Trust by John D. Rockefeller was intended to?
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Who made a fortune with his standard oil company?
John D. Rockefeller was the man who made a fortune with his Standard Oil Company. The family had been rich since the 1800s and also owned several banks.
Who was the robber barons in the late 1800s?
Rockefeller, Carnegie, Vanderbilt
What were monopolies in the 1800s?
monopolies were like a big business that people had owned like Rockefeller and the oil company that he owed all the oil and the people in America would buy it and Rockefeller will have the money from the people and the power from them
What improvements to trade were made during the late 1800s?
Creation of canals.
Standard oil was powerful what of the late 1800s?
TRUST
What did the economic prosperity of the early to mid-1800s lead to?
the creation of a new social classes
The creation of trusts during the late 1800s depended on businesses' willingness to?
cooperate with their competitors
What impact did Andrew Carnegie and john d Rockefeller have on the American economy in the half of the 1800s?
They established and dominated the new steel and oil industries.
Which company had a monopoly in the late 1800s?
Standard Oil Company
What American companies had a monopoly in the 1800s?
Standard oil company
What impact did Andrew Carnegie and John D Rockefeller have on the American economy in the last half of the 1800s?
They established and dominated the new steel and oil industries.
What impact did Andrew Carnegie and John D. Rockefeller have on the American economy in the last half of the 1800s?
They established and dominated the new steel and oil industries.
