USA HISTORY

WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900

AMERICAN INDUSTRY DEVELOPMENT IN THE GILDED AGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What industry did John D. Rockefeller make his fortune in?
A
oil
B
steel
C
automobiles
D
coal
Explanation: 

Detailed explanation-1: -Rockefeller founded the Standard Oil Company in 1870. He ran it until 1897 and remained its largest shareholder. Richford, New York, U.S.

Detailed explanation-2: -John D. Rockefeller created the Standard Oil Company, the success of which made him the world’s first billionaire and a celebrated philanthropist.

Detailed explanation-3: -John D. Rockefeller formed the Standard Oil Company on January 10, 1870 with his business partners and brother. The success of this business empire made Rockefeller one of the world’s first billionaires and a celebrated philanthropist. He garnered both admirers and critics during his lifetime and after his death.

There is 1 question to complete.