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Ann [662]
4 years ago
12

What made Standard Oil a horizontal integration monopoly?

History
2 answers:
Leno4ka [110]4 years ago
7 0
There are several things that made Standard Oil a horizontal integration monopoly, but in general it was the fact that they bought up multiple means of production. 
Sergio039 [100]4 years ago
4 0
American business leaders who <span>owned </span>a normal company<span>. He opened </span>a petroleum refinery<span> and used </span>consolidation<span> to become a monopoly and a trust </span>still<span>. He </span><span>owned </span>ninety-fifth<span> of oil refineries. The richest man in </span>the United States of America<span> History.</span>
<span>- </span>normal company
<span>- Used spies, bribery, and "trusts" </span>to cover<span> monopoly.</span>
<span>A business strategy </span>during which<span> a business - </span>like a company<span> - tries </span>to shop for<span> out all of its competition. Full </span>consolidation is termed<span> a monopoly. John D. </span>Rockefeller<span> practised </span>consolidation<span> with </span>normal<span> Oils </span><span>consolidation.</span>
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