Oil
Andrew carnagies steel company. john d. rockafellers standered oil company. and that's all i can think of haha.
John D. Rockefeller
It was called a monopoly because if you wanted kerosen, most likely you would have to get it from one of Rockefellers refiners. He supplied kerosene by tank cars that brought the fuel to local markets, and tank wagons then delivered to retail customers, bypassing everybody else.
John D. Rockefeller secured his monopoly in 1882 by founding the Standard Oil Company and employing aggressive business strategies, including horizontal integration. He acquired competing refineries, which allowed him to control a significant portion of the oil market. Additionally, he negotiated favorable rates with railroads for transporting oil, further undercutting competitors and consolidating his dominance in the industry. This combination of tactics effectively eliminated competition and established Standard Oil as a powerful monopoly.
John D. Rockefeller's oil company, Standard Oil, was termed a monopoly because it controlled a significant portion of the U.S. oil industry, dominating production, refining, and distribution. By employing aggressive tactics such as undercutting competitors' prices and acquiring rival companies, Standard Oil eliminated competition and established a near-total market share. This led to concerns about unfair business practices and the negative impact on consumers, prompting the government to regulate monopolistic behavior, ultimately resulting in the company's breakup in 1911.
the oil company
oil industry
Ida M. Tarbell
Monopoly is not based of John D Rockefeller. Althought he was a monopolist, the game is about trying to own ans many properties as possible, not monopolising oil. However, the Old man represent an image somewhat similar to Rockefeller.
he is cool
Ida Tarbell wrote The History of the Standard Oil Company.
He made the railroad fast and efficiant.
Rockefeller only went to school in his high school years, and went to college after it.
Andrew carnagies steel company. john d. rockafellers standered oil company. and that's all i can think of haha.
he is a person who worked for alot of money and treated his workers badly
He was the "Standard Oil Company" monopoly owner during the 1800's. He became one of America's richest man.
he should give his money away.