WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
ANDREW CARNEGIE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Alexander Graham Bell
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John D. Rockefeller
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Andrew Carnegie
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Thomas Edison
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Detailed explanation-1: -John D. Rockefeller founded the Standard Oil Company, which dominated the oil industry and was the first great U.S. business trust.
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. Born into modest circumstances in upstate New York, he entered the then-fledgling oil business in 1863 by investing in a Cleveland, Ohio refinery.
Detailed explanation-3: -Rockefeller, along with his associates Samuel Andrews and Henry M. Flagler, founded Standard Oil in 1870. Within two years, the company had a monopoly on the refinement of oil in the Cleveland area.
Detailed explanation-4: -Within his lifetime, Rockefeller helped launch the field of biomedical research, funding scientific investigations that resulted in vaccines for things like meningitis and yellow fever. He revolutionized medical training in the United States, and built China’s first proper medical school.