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John D. Rockefeller monopolized the oil industry during the late 1800s through his company, Standard Oil. He implemented aggressive business practices, including price-cutting and acquiring competitors, which allowed him to dominate the market and control a significant portion of the oil refining sector in the United States. His actions led to significant controversy and ultimately resulted in the breakup of Standard Oil in 1911 due to antitrust laws.
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Describe the statue exceptional economic differences in the United States during the early 1800's?
There were several economic differences in the U.S. during the early 1800's. For one, the mainly agrarian South was not as prosperous as the booming industrial North.
Describe the sectional economic differences in the US during the early 1800's?
Describe the sectional economic differences in the United States during the early 1800s.
How did many inventions in the 1800's effect the productivity of business?
It helped people work during thenight time
Why was primary industrial sector so common in 1800?
Primary sector was common during the 1800 because resources was available, however compared to the current society primary sector is decreasing so like u gemme blaaadclart
How did robber barons create monopolies in the US in the late 1800?
The robber barons utilized and manipulated the idea of trusts and decimated even the smallest competition, making their industry into a monopoly. This eventually led to the Sherman-Antitrust Act.
Who became leader of the oil-refining industry in the us during the late 1800's and early 1900s?
John D. Rockefeller
Who became leader of the oil-refining industry in the us during the late 1800's and the early 1900s?
John D. Rockefeller
What Industry was the leading occupation in the US during the mid-1800's?
Cotton
Who was the leader of the steel industry in the us during the late 1800's?
Andrew Carnegie
Who was the biggest oil tycoon in the 1800's?
John D. Rockefeller
What does this map say about the steel industry during the late 1800's and early 1900s?
5ara
Who dominated the steel industry in the late 1800 and early 1900?
Andrew Carnegie. John D. Rockefeller had created a monopoly with his oil business, too.
What company did John D Rockefeller own in the late 1800?
Standard Oil Company
Which development was most important in encourage the growth of the cattle industry during the late 1800?
development of barbed wire
Which development was most important in encouraging the growth of cattle industry during the late 1800?
development of barbed wire
Who was known for starting standard oil and the monopoly of the oil business in the 1800's?
John D. Rockefeller
What was the name given to the richest leaders of the industry i the late 1800?
The richest leaders of industry in the late 1800s were commonly referred to as "robber barons." This term was used to describe powerful industrialists and financiers who amassed significant wealth and influence, often through exploitative practices and monopolistic control. Notable figures included John D. Rockefeller in oil and Andrew Carnegie in steel, who were pivotal in shaping the American economy during that era.
