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What was the first trust created in the United States?
rockefeller's standard oil trust
Who created the Standard Oil Trust?
john d. Rockefeller
Who was a US industrialist and founder of the Standard Oil Company which dominated the oil industry and was the first great US business trust?
John D. Rockefeller
Who was known for creating trust and was criticized as a robber baron while serving as head of the standard oil company?
John D. Rockefeller
Why was the standard oil trust formed was it successful?
The Standard Oil Trust was formed in 1882 to consolidate and control the oil industry in the United States, allowing John D. Rockefeller and his associates to eliminate competition and monopolize oil refining and distribution. It was highly successful in achieving these goals, leading to significant economies of scale and increased profits. However, its monopolistic practices eventually attracted regulatory scrutiny, culminating in the landmark Supreme Court decision in 1911 that ordered the dissolution of the trust under the Sherman Antitrust Act.
Who exposed the Standard Oil Trust in articles written for McClure's Magazine?
Ida Tarbell
Who was the journalist that exposed standard oil as a monopoly?
Ida Tarbell was the journalist who exposed Standard Oil as a monopoly.
What company was exposed as a monopoly by Ida Tarbell?
standard oil
What was the first modern trust?
Standard Oil Trust
What was the first trust created in the United States?
rockefeller's standard oil trust
Standard oil was powerful what of the late 1800s?
TRUST
Identify John D Rockefeller and the standard oil company and rise of trust and monopolies?
Identify John D Rockefeller and the standard oil company and rise of trust and monopolies?
Who exposed Rockefeller's Standard Oil Company's unethical practices that allowed it to become a monopoly?
Lincoln Steffens was known for exposing corruption in city government. Ida Tarbell was the person that exposed Rockefeller Standard Oil.
Who created the Standard Oil Trust?
john d. Rockefeller
President Taft ordered the breakup of what?
The Standard Oil Trust
When was Standard Oil dissolved?
In 1911 the U.S. Supreme Court ordered that Standard Oil be dissolved. The trust was divided into 33 independent companies.
Who did trust like standard oil became mostly large with?
Eliminating competition
