USA HISTORY

WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900

IMMIGRATION IN INDUSTRIAL AMERICA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Rockefeller’s monopoly
A
Standard Oil
B
Chase Bank
C
U.S. Steel
D
Exxon Mobil
Explanation: 

Detailed explanation-1: -In the end, Rockefeller made a deal with the other company, which gave Standard Oil ownership of nearly all the oil pipelines in the nation. By 1880, Standard Oil owned or controlled 90 percent of the U.S. oil refining business, making it the first great industrial monopoly in the world.

Detailed explanation-2: -Standard Oil Company and Trust does not still exist. It was dissolved in 1911.

There is 1 question to complete.