Standard Oil managed the oil goods market originally through smooth combination in the refining area, then, in later years upward combination; the organization was an innovator in the advancement of the industry business. The Standard Oil trust streamlined generation and logistics reduced values, and undermine opponents. "Trust-busting" experts prosecuted Standard Oil of practicing offensive pricing to crush opponents and form a merger that warned other industries.
A) It practiced ruthless business techniques- Standard Oil, run by John D. Rockefeller, was well known for using strategies in order to buy out or eliminate competitors within the same market.
C) It dominated the oil market- At one point, Standard Oil was responsible for producing almost 90% of the oil used within the United States.
D)It controlled the transportation of oil- John D Rockefeller would buy different railroad companies so that Standard Oil had complete control on how oil would be moved across the United States.
The impact was most severe in the Caribbean, where by 1600 Native American populations on most islands had plummeted by more than 99 percent. Across the Americas, populations fell by 50 percent to 95 percent by 1650. The disease component of the Columbian Exchange was decidedly one-sided.
