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
The municipality should budget the revenues in an effective manner by investing in the up-gradation of infrastructural facilities.
<h3>
What is a municipality?</h3>
The municipality is a subpart of a state which is incorporated through a Municipal Corporation. It works for the local people in a defined district or area.
The revenues received by the municipality come through the taxes paid by the residential citizens of a particular state. It is the duty of the municipality to place the people's funds effectively in the advancement and betterment of public facilities like the building of dams, and bridges, development of car parking areas, providing public transport, etc., and various projects in the best interest of the public.
Learn more about municipality revenues here:
brainly.com/question/1360096
Industry, Defense, Agriculture, and Science
Answer:
B - conquer the new Latin American republics
Explanation:
B - conquer the new Latin American republics
