How was Rockefeller able to build his monopoly across the oil industry?

1 answer:

7 0

Rockefeller was able to build his monopoly across the oil industry because he bought up oil refineries, cut costs and reinvested his profits in other refineries.

<h3>Who is John Rockefeller?</h3>

He was the owner of Standard Oil Company and also became one of the world's wealthiest men because of his oil business dominance.

He was able to build his monopoly across the oil industry because he bought up oil refineries, cut costs and reinvested his profits in other refineries.

Therefore, the Option A is correct.

You might be interested in

What foreign policy direction does the president say the United States should follow

Licemer1 [7]

Answer:

The correct answer for this is the current president of the United States Donald Trump believes in a foreign policy that puts the U.S. interst first.

Explanation:

One of the many policies that the current administration is trying to benefit the United States more than their allies.

8 0

2 years ago

What is the term used to describe a social system that artificially separated black people and white people based on their race?

ruslelena [56]

I believe this would be segreation.
This is a very sad thing that went on and can still continue to go on when the whites were segregated from the blacks.
hope this helps!

5 0

2 years ago

What was the effect of the united States passing the lend-lease act?

Anna35 [415]

The answer is A no question. The united did not side with the axis and they certainly were not neutral.

7 0

2 years ago

How did the battle of the bulge help end the war?

patriot [66]

The germans lost so many soldiers, and equipment/armory that they couldn't attack the allies again. It destroyed the German army, and lead to the end of the war.

3 0

2 years ago

What was a result of universal white male suffrage?

iris [78.8K]

Answer:

Explanation:

7 0

2 years ago