1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kryger [21]
3 years ago
8

The Cleveland massacre was

History
2 answers:
Dvinal [7]3 years ago
5 0

Answer:

Cleveland Massacre was a step towards oil monopoly and was initiated by John Rockefeller.

Explanation:

Introduction: John with his business partner started a shipping company. After sometime, they realized to expand their investment so they invested their money crude oil company. At that time, they were the owners of two oil companies.  

Massacre end: to make an edge in this business, he started shipping at the discount prices that could not last long his business. So, the business collapsed itself. In 1872, he just ended up the Cleveland massacre.

Positive edge: soon the Cleveland massacre ended, John established its enough strong position in the market as he controls 25% of the shipping of oil to the standard oil companies at best bargained prices.  

Monopoly: after this clear position in the market, he did not stop. He started a network of pipelines in 1874. John started buying shares of other companies to claim its ownership over them and soon the Standard oil company ownership was in his hands. And then by the ends of 1880, he created and oil monopoly.  

Allegation: he created the first ever industrial monopoly. So according to the violation of charter named Ohio, he was banned for the shipping of its oil outside the state. Therefore in New York he started shipping oil under the name of “trust”.  

Answer Detail:

Level: High School

Subject: History

Keywords:

• Monopoly

• Massacre

Learn more to evaluate:

Monopoly: brainly.com/question/8411284

nasty-shy [4]3 years ago
5 0

<em><u>The Cleveland massacre was a massacre step towards oil monopoly and was initiated by John Rockefeller. </u></em>

<em><u></u></em>

Further Explanations:

The Cleveland Massacre was a three-month conflict between the Standard Oil Company and the oil refineries of Cleveland over the authority of the oil fields. The conflict took place in 1872 and within six months the Standard Oil was able to acquire 22 out of 26 oil refineries at a very lower rate.  

The standards were the largest refiner of the United States with much of the cash reserve. The credit of the acquisition goes to John D Rockefeller who able to convince his competitors to sell their refineries within a week which was a result of a secret agreement was signed with the South Improvement Company. Though the South Improvement Company got dissolved before it came to existence and this created a panic among the refineries of the Cleveland.As a result of it, Cleveland refineries were sold at a very lower rate.

Learn More

  1. which of the following was a religious movement at the turn of the twentieth century that sought justice for the less fortunate?<u>brainly.com/question/2390884 </u>
  2. in 1972 the wrath of hurricane Agnes resulted in the evacuation of a Pennsylvania town due to the rising water of what river?<u>brainly.com/question/10069321 </u>
  3. how did henry ford’s model t contribute to the culture of the roaring twenties? <u>brainly.com/question/7802830 </u>

<u> </u>

Answer Details:

Grade: High school

Subject: US History

Chapter: Cleveland Massacre

Keywords: Cleveland Massacre, Standard Oil Company, oil refineries, refiner, United States, John D Rockefeller, South Improvement Company, standards, competitors, refineries

You might be interested in
Help with 8th grade history?! WILL UPVOTE &lt;33
Basile [38]
Kentucky was a border state.
4 0
3 years ago
Read 2 more answers
1. Government propaganda might be used in which of the following cases?
viva [34]

Answer:

the awnser is b) to convince people of the importance and benefits of its program

5 0
3 years ago
Read 2 more answers
Which area of Texas would most likely have weathering due to Ice Wedging.
Delvig [45]

Gulf Coast is the place that will be affected by Ice Wedging.

Explanation:

Gulf coast faces an important issue that will undermine its status as the oil conglomerate in the US.

This is due to the ice welding further up north that has been responsible for global warming, greenhouse effect and ultimately rising sea levels that is a very real issue that pertains to Texas.

Most of the coastline has rich oil resources and is responsible for most of the trade and it stands a chance of being submerged any time now.

This would mean a drastic fall of economy and displacement of the people.

8 0
3 years ago
Experts believe that most Native Americans died of diseases like smallpox, typhoid, or diphtheria in the first decades of contac
Lelu [443]

Answer:

Native Americans had never been exposed to those diseases.

Explanation:

4 0
3 years ago
Read 2 more answers
Can someone help me on this asap please
Lynna [10]
It's false and dull red
8 0
3 years ago
Read 2 more answers
Other questions:
  • American authors like James Fenimore Cooper often wrote literature that
    5·1 answer
  • A(n) ___________ increases the amount of money in the money supply.
    10·1 answer
  • HELP! In " The Lady or the Tiger?" the author writes that the young man opened the door on the right " without the slightest hes
    13·1 answer
  • 3. What would be a possible resolution to the colonists complaint about
    7·1 answer
  • Robin wants to start a business. In a market economy, how might he determine what to produce?
    9·1 answer
  • What part of the louisiana territory was explored by lewis and clark?
    13·1 answer
  • how did societal norms challenge and contribute to the Palmer Raids, McCarthyism, &amp; the Red Scare?
    10·1 answer
  • Guglielmo Marconi experimented with electromagnetic wave technology after studying the experiments of __________________, who fi
    11·1 answer
  • 3. Whom did Tecumseh blame for American Indians no longer being a happy<br> race?
    6·1 answer
  • Look up oompaville on you tube
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!