THE VIRGINIA DYNASTY 1801 1825
AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Cornelius Vanderbilt
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Andrew Carnegie
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John D. Rockefeller
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J. P. Morgan
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Detailed explanation-1: -John Davison Rockefeller, 1885, founder of Standard Oil and the biggest entrepreneur in the oil and gas industry.
Detailed explanation-2: -John D. Rockefeller (1839-1937), founder of the Standard Oil Company, became one of the world’s wealthiest men and a major philanthropist.
Detailed explanation-3: -At its height, Standard Oil was the largest petroleum company in the world, and its success made its co-founder and chairman, John D. Rockefeller, among the wealthiest Americans of all time and among the richest people in modern history.
Detailed explanation-4: -Rockefeller made a fortune by turning oil into kerosene, a fuel that was used in lamps to light people’s homes. In a time before electric lighting, kerosene lamps were a huge improvement over candles and other forms of light that had been used earlier.