USA HISTORY

WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900

IMMIGRATION IN INDUSTRIAL AMERICA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How did John D. Rockefeller get so rich?
A
Creating a cooperative
B
Agreeing on an association
C
Partnering in a corporation
D
Owning a monopoly
Explanation: 

Detailed explanation-1: -Standard Oil gained a monopoly in the oil industry by buying rival refineries and developing companies for distributing and marketing its products around the globe. In 1882, these various companies were combined into the Standard Oil Trust, which would control some 90 percent of the nation’s refineries and pipelines.

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