Question

Rockefeller combined his many companies to create Standard Oil Trust forming a monopoly (eliminate competition) on the oil market which
Question 1 options:

made the price of oil drop because consumers had many options to choose from for oil


led to massive riots across the US that forced Rockefeller to sell the Standard Oil Trust to the government


did not affect him, the consumer, or the price of oil


allowed him to set the price for oil, but hurt the consumer who paid a higher price.

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Answer 1

The last answer is correct

Answer 2

Allowed him to set the price for oil, but hurt the comsumer who paid a higher price