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Q: Why did Rockefeller say that the oil industry was threatened with disaster during the period of small scale competition?
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Related questions

Who controlled the oil industry and crushed the competition?

J.D RockefellerOr John D. Rockefeller


How were Rockefeller's methods for building standard oil different from Carnegie's in building his steel company?

because Carnegie, unlike Rockefeller tried to beat his competition in the steel industry by making the best and cheapest product


How is JD Rockefeller captain of industry?

John D. Rockefeller was a captain of industry because he crushed all local competition during his campaign with his oil company. He earned over 900 million dollars during his career and donated 550 million to charity. Hope this helps :D


What industry was john d Rockefeller in?

The Oil Industry


Which industry did John Rockefeller come to control?

The oil industry


What industry was Rockefeller in?

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


Why did John D. Rockefeller make a monopoly in the oil industry?

Rockefeller believed that, "Competition is a sin." Yet he was also a philanthropist. Competition is good for a capitalistic society like the US. Competitors lower prices which draws the consumer to them. This doesn't sound like something a philanthropist, someone who loves all people and wants to help them, would say.


Which industry did John D. Rockefeller come to control?

The oil industry


Which industry did john d Rockefeller come control?

The oil industry


Was John D Rockefeller a Robber Baron or Captain of Industry?

J. D. Rockefeller was considered both a robber baron and a captain of industry.


What industry was jd Rockefeller involved in?

Oil.


How was john Rockefeller a captain of industry?

He was a monopolist.