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Rockefeller was a very good business man who some considered to be a robber baron and others thought he was a captain of industry. Basically he wanted to become the (or monopoly) that way he could charge what ever prices he wanted. The biggest reason that he got as rich as he did was because he made a deal with a railroad company to transport his oil for a cheaper price and he would give the railroad some of the profit. Since other businesses didn't have deals like Rockefeller, his oil was cheaper so many people purchased his putting other oil companies out of business. This allowed him to rise to the top of the oil industry.
Well, to be more accurate, he built every oil field in the world except 2, which were built by Britain. His company, Standard Oil had NO competition. And to be more precise, he didn't use horizontal integration, he used verticle integration.
What else can I help you with?
How did the cattle industry of the 1800s build on its Spanish beginnings?
How did the cattle industry of the 1800s build on it's Spanish beginnings
Why did the Romans build roads?
so they can travel
Why did the Romans build a Cofferdam?
They built it for us... :)
What current capital city did constantinopal build?
istambul
Why did the romans build the buildings?
Depends on which buildings you're referring to.
Aggressive energy-industry monopolist who used tough means to build a trust based on horizontal integration?
Rockefeller
How did John D Rockefeller Sr use horizontal integration to build his empire?
go read the text book u lazy bum
Why did they build they Rockefeller center?
Because they decided to
What methods to Andrew Carnegie use to build his industry?
Andrew Carnegie used horizontal integration. He bought out his competition through this technique making his business more profitable.
What companies did john D . Rockefeller and Andrew carnegie found and how did they build them up?
John D. Rockefeller founded Standard Oil, which became the dominant oil refining company in the United States by employing aggressive business practices, including horizontal integration—buying out competitors and establishing monopolies. Andrew Carnegie founded Carnegie Steel Company, which revolutionized steel production through innovative practices like the Bessemer process and vertical integration, controlling every aspect of production from raw materials to distribution. Both tycoons leveraged economies of scale and strategic acquisitions to maximize efficiency and minimize costs, leading to their companies' immense growth and influence in their respective industries.
Where did john d Rockefeller first build an oil refinery?
Ohio
How many churches did John D Rockefeller build?
John D. Rockefeller did not personally build any churches. However, he did donate significant amounts to charitable causes, including funds used for the construction of churches.
Reasons to build the Rockefeller center in NY?
it was once called radio city
Did John D Rockefeller build oil refineries?
so that he could become richer.
What method did Rockefeller use to build his oil empire?
He bought out the competition , and he lowered his prices to drive competitors out of business .
What method did Andrew Carnegie use to build the nations largest steel company?
Vertical Integration
How much did it cost to build the Rockefeller Center?
As long as it took to do the Caramelldansen.
