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John D. Rockefeller is often regarded as a more effective leader than other robber barons due to his innovative business practices and philanthropic efforts. He founded Standard Oil, which revolutionized the oil industry through efficient production and distribution methods, leading to lower prices for consumers. Additionally, Rockefeller's commitment to philanthropy, particularly in education and public health, set him apart, as he donated a significant portion of his wealth to charitable causes. This combination of business acumen and social responsibility contributed to his more favorable legacy compared to his contemporaries.
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How did john d Rockefeller get his money to start oil company?
Raised it from friends & other investors(!)
What was one of the problems John D. Rockefeller encountered in the petrolem business?
One of the significant problems John D. Rockefeller faced in the petroleum business was intense competition from other oil producers. This competition often led to price wars, which threatened profit margins. To combat this, Rockefeller implemented strategies such as forming the Standard Oil Trust, which allowed him to consolidate control over various aspects of the oil industry and create a monopoly, ultimately stabilizing prices and increasing efficiency.
What methods did Rockefeller and carnegie use?
John D. Rockefeller and Andrew Carnegie employed various methods to build their business empires. Rockefeller utilized horizontal integration, acquiring competing oil companies to establish a monopoly in the oil industry, while also employing aggressive pricing strategies to drive out competitors. Carnegie, on the other hand, focused on vertical integration, controlling every aspect of steel production from raw materials to distribution, which allowed him to reduce costs and improve efficiency. Both industrialists also made significant use of innovative technologies and practices to enhance productivity and profitability.
How did Rockefeller create a monopoly in the oil industry through his Standard Oil Company?
John D. Rockefeller created a monopoly in the oil industry through his company, Standard Oil, by employing aggressive tactics such as undercutting competitors' prices, securing favorable railroad shipping rates, and acquiring rival companies. He implemented a strategy of horizontal integration by buying out or merging with other oil companies to consolidate control over the market. Additionally, Rockefeller utilized vertical integration by controlling various stages of oil production and distribution, from extraction to refining to retail. These practices allowed Standard Oil to dominate the industry and significantly limit competition.
Why is fair trade better than other companies?
you are wierd
Why was robber barons better than the other robber barons?
becauses hes a good guy
Why was JP Morgan better than the other robber barons?
becauses hes a good guy
What separated Andrew carnegie from other robber barons?
One of the things that set Andrew Carnegie apart from the other "robber barons" was the fact that Carnegie came from a poor background. Carnegie started his work as a messenger boy for a telegraph office.
What other better words can there be for robber?
thiefburglarcrook
What were Robber Barons?
Robber Barons were wealthy businessmen who were known to use harsh practices to gain their wealth. They often used child or cheap labor, did not adhere to safety regulations and worked their employees long hours in order to keep production high.
Was john D. Rockefeller a robber baron?
J. D. Rockefeller was considered both a robber baron and a captain of industry.No he wasn't, he was simply a man that knew how to invest and make sure that his companies were prosperous. He was a philantropist who gave back to many organizations and colleges. Rockefeller gave 10% of every paycheck to Baptist churches.(to above answer) YES he was a robber baron since not only did he invest well, his original wealth was made on exploited workers and use of "persuading" the government to help his wealth grow(Robin Hood Robber Baron)No he wasn't, he was intelligent and knew how to invest so his companies were prosperous, like the above comment. However, he did not use hthis all for his own benefit, which is what a robber baron would do. On the other hand, Rockefeller was a big philanthropist and founded organizations such as the Rockefeller Institute for Medical Research. Just because you know how to make money doesn't automatically make you a robber baron--it's what you do with the money that determines it.
Who is khamara?
In the late 19th and early 20th century was the time of industrialization. These time were good and Bad there could be a debate between either companies owners were robber barons. Or captains of Industrialization. The industrialization of the late 19th and 20th century were robber barons because they Would make workers work for very long hours and very low wages. They organized the holding company And they went against the unions. The reason the late 19th century and the early 20th century were full of robber barons because they had workers for very low wages and discriminated against sex and age. Back in that time they had sweat were all of the kids and the women worked. Even though we had sweat shops the industrialization were robber barons. In the years of 1875-1900, the wages for the women and children's were lower then the wage of of the inflation. Employers hired women because they worked for low wages and long hours they know that they would not quit because were else would they go. And children to for the same reason. The second reason that industrialists was because they were the ones who organized the holding company. This holding company did not make anything of there own. In fact they owns other companies that make the produces the goods and gain money from what those companies make. This made other companies to join each others companies so they could make big companies. Which led to the rich people even get more rich. The last season the 19th and the 20th century were full of robber barons and the robber barons made unions. The union would make the workers that were basically the parts that were the same industry. but that led into boycotts from the workers. But the robber barons did not want put up with this. They made and called it the blacklist. It was a list of all the people that were bad so no company would ever hire them. The 19th and the 20th century were full of produced goods and bads goods it all summed it up with the term of the robber barons. Robber barons would now hire workers that were yound and would pay minimum wage, and used the holding company and went against unions.
What ways were the great industrialists robber barons or captains of industry?
Reguardless of what they actually did, Industrial Leaders were both Robber Barons and Captains of Industry, but just the presentation of their lifestyle could be biased to illustrate them as just one or just the other. Usually, conservative viewpoints show them as Robber Barons and Libral viewpoints show them as Captains of Industry.
What did the robber barrons do?
In the US in the latter part of the 19th century, wealthy "robber barons" created trusts and monopolies to gain millions of dollars at the expense of the ordinary citizens. They went unchecked in building unsafe factories, and took over railroads and other forms of unrestricted business. The were experts at unfair business practices.
What is the main idea of the robber barons?
I can help you define robber baron. Robber is the worst theft, theft is just sneaky andlies and Mark Twain says damnable lies. The Robber cuts your jugular veins and placesfalse evidence of other drugs or murder fights or rape and has the entire earth hatingyou and uses the money to harm your offspring who may get wise. Baron is part of theold kingdom of contract killers who almost killed the Constitution.The Robber Barons were evil as in satanism or demonic sacrifices they took over the government and law and churches and payed and payed and payed for evil and a rottencrumb of good for pictures. They worked railroads and oil and ended the confidence ofthe people, the people became depressed, would not work for them, collapsing civilization.
Why are the Mafia Bad?
Actually the Mafia, other than their use of violence and murder, is no different from many other corporations in America. The leaders of the Mafia, were also much like the early founders of the United States. The robber barons of the late 1800's were worse than the mafia chieftains.
What dog is better to get a miniature Doberman or a regular size?
I prefer big dogs because they step on the robber, not the other way around.
