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John D. Rockefeller

John D. Rockefeller was an American monopolist and philanthropist who founded the Standard Oil company. He was the world's first billionaire.

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What did John D Rockefeller believe in?

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Asked by Wiki User

John D. Rockefeller believed in the principles of hard work, discipline, and efficiency. He was a strong proponent of the free market economy and the idea of competition driving progress. Rockefeller also believed in philanthropy and donated large sums of money to various causes.

Was John D Rockefeller a philanthropist?

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Asked by Ballet360

Yes, John D. Rockefeller was a philanthropist. He used his immense wealth to establish the Rockefeller Foundation, which funded numerous charitable initiatives and projects aimed at improving public health, education, and scientific research. Rockefeller's philanthropic efforts were significant and had a lasting impact on society.

What are good things about John D Rockefeller?

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Asked by Wiki User

John D. Rockefeller was a pioneering industrialist who founded the Standard Oil Company, revolutionizing the oil industry. He was also a renowned philanthropist, donating large sums of money to causes such as public health and education, leading to the establishment of institutions like the University of Chicago and Rockefeller University. Additionally, Rockefeller's business practices helped to streamline operations and lower costs, ultimately benefitting consumers.

Why was John D Rockefeller considered a muckraker?

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Asked by Wiki User

John D. Rockefeller was not considered a muckraker. He was a powerful figure in the oil industry and known for his business practices and the creation of the Standard Oil Company. Muckrakers were investigative journalists who exposed corruption and societal issues in the early 20th century.

What positive things did John D Rockefeller do?

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Asked by Wiki User

John D. Rockefeller was a prominent philanthropist who donated large sums of money to various educational, public health, and scientific research institutions. He founded the Rockefeller Foundation, which has had a significant impact on improving global health and welfare. Rockefeller also played a key role in developing the American oil industry and revolutionizing modern business practices.

What was john d Rockefeller's impact on society?

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Asked by Wiki User

John D. Rockefeller's impact on society was significant as he was a pioneering figure in the oil industry, founding Standard Oil, which became a dominant player and established many of the practices that shaped the modern oil industry. His philanthropic efforts, through the Rockefeller Foundation, also had a lasting impact on education, public health, and scientific research. However, his business practices, such as monopolistic tendencies, also led to criticism and eventually the breakup of Standard Oil.

How did John d Rockefeller use trusts to avoid Ohio laws against horizontal intergration?

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Asked by Wiki User

John D. Rockefeller used trusts, such as the Standard Oil Trust, to consolidate control of various oil companies under one entity. By doing this, he effectively circumvented Ohio laws prohibiting horizontal integration by creating a legal structure where these companies were grouped together under a single trust or organization, giving him control over the entire industry. This allowed him to avoid restrictions on competition and maintain a monopoly in the oil industry.

How did Rockefeller and the Standard Oil Company get around laws that?

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Asked by Wiki User

Rockefeller and Standard Oil used tactics such as creating monopolies, undercutting competitors' prices, forming secret alliances, and engaging in predatory pricing to gain dominance in the oil industry. They also used aggressive litigation strategies to challenge and delay enforcement of antitrust laws. Ultimately, their actions led to the passage of antitrust legislation like the Sherman Antitrust Act in 1890 to regulate monopolistic practices.

How did John Rockefeller contribute to society?

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Asked by Wiki User

John D. Rockefeller contributed to society by pioneering the oil industry through his establishment of Standard Oil Company, which brought about innovations in oil refining and distribution. He also became one of the wealthiest individuals in the world and donated generously to philanthropic causes, founding the Rockefeller Foundation which continues to support education, health, and science initiatives. Additionally, he played a major role in shaping the modern business landscape through his consolidation and standardization of the oil industry.

Did John D Rockefeller have any siblings?

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Asked by Wiki User

Yes, John D. Rockefeller had five siblings: William Rockefeller, Mary Ann Rockefeller, Lucy Rockefeller Briggs, Franklin Rockefeller, and Frances Rockefeller.

Did Rockefeller break any laws when running his corporations?

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Asked by Wiki User

Rockefeller's business practices were controversial but, at the time, did not technically break any laws in place. However, his company, Standard Oil, was eventually found to be in violation of antitrust laws and was broken up by the Supreme Court in 1911.

How many siblings did john d Rockefeller have?

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Asked by Wiki User

John D. Rockefeller, Sr. had five siblings: William, Lucy, Mary, twins Franklin and Frances.

Did john d Rockefeller have siblings?

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Asked by Wiki User

Yes, John D. Rockefeller had five siblings: William, Frank, Lucy, Mary Ann, and Laura.

Did John D Rockefeller have any brother or sisters?

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Asked by Wiki User

Yes, John D. Rockefeller had five siblings. He had four sisters named Lucy, Clorinda, Cornelia, and Laura, and one brother named William.

Did John D Rockefeller have brothers and sisters?

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Asked by Wiki User

Yes, John D. Rockefeller had five siblings: Lucy, William, Mary Ann, Franklin, and Francis. He was the second of six children born to William Avery Rockefeller and Eliza Davison.

What percentage did Rockefeller always give to the church?

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Asked by Wiki User

Rockefeller believed in tithing, which means giving 10% of one's income to the church. Therefore, he always gave 10% of his income to the church.

How many churches did John D Rockefeller build?

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Asked by Wiki User

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.

What is john d Rockefellers political view?

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Asked by Wiki User

John D. Rockefeller was a conservative Republican. He believed in the free market and limited government intervention in business affairs. He also supported philanthropic causes and donated to various charities.

How were political like boss tweed similar to industrial moguls like Andrew carnegie and john D Rockefeller?

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Asked by Wiki User

Both Boss Tweed and industrial moguls like Carnegie and Rockefeller held significant power and influence in their respective fields during the late 19th century in the United States. They amassed wealth and used their influence to control politics and business operations. Additionally, they were known for their monopolistic practices and strategies to expand their wealth and power.

Who investigated and reported John D Rockefeller's corrupt business practices?

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Asked by Wiki User

Ida M. Tarbell, an investigative journalist, exposed John D. Rockefeller's corrupt business practices through a series of articles in McClure's Magazine. Her work contributed to public awareness of his monopolistic practices and led to the eventual breakup of his company, Standard Oil, by the Supreme Court in 1911.

How old was john d Rockefeller?

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Asked by Wiki User

John D. Rockefeller lived from 1839 to 1937, making him 97 years old at the time of his death.

Are Rothschild's and Rockefeller's illuminatte?

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Asked by Wiki User

There is no concrete evidence to support the claim that the Rothschilds and Rockefellers are part of the Illuminati. These families are well-known for their success in business and finance, but any connections to secret societies like the Illuminati are merely speculation and conspiracy theories with no definitive proof.

What is Andrew Carnegie and John D Rockefeller's nickname?

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Asked by Wiki User

Andrew Carnegie was known as the "Steel King" and John D. Rockefeller was known as the "Oil King."

Why was Andrew Carnegie and john d Rockefeller famous?

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Andrew Carnegie was famous for his role as a leading industrialist and philanthropist in the steel industry. John D. Rockefeller was famous for his founding of the Standard Oil Company and becoming one of the richest individuals in history through his control of the oil industry. Both men were influential figures in shaping the economic landscape of the United States during the late 19th and early 20th centuries.