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yulyashka [42]
3 years ago
8

How did John D. Rocketfeller achieve control of 90% of the oil market?

History
1 answer:
harkovskaia [24]3 years ago
8 0
The answer is A. Rockefeller was into big business and capitalism. Horizontal integration is merging two companies that serve the same purpose to get a monopoly on the market
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The 1860 civil conflict in mount Lebanon and Damascus
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2 years ago
How did Roosevelt work to restore the banking system during the first hundred days
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Once in office, FDR set to work immediately. His "New Deal," it turned out, involved regulation and reform of the banking system, massive government spending to "prime the pump" by restarting the economy and putting people back to work, and the creation of a social services network to support those who had fallen on hard times.

Between 8 March and 16 June, in what later became known as the "First Hundred Days," Congress followed Roosevelt's lead by passing an incredible fifteen separate bills which, together, formed the basis of the New Deal. Several of the programs created during those three and a half months are still around in the federal government today. Some of Roosevelt's most notable actions during the Hundred Days were:

<span><span>A national bank holiday: The day after his inauguration, FDR declared a "bank holiday," closing all banks in the country to prevent a collapse of the banking system. With the banks closed, Roosevelt took measures to restore the public's confidence in the financial systems; when the banks reopened a week later, the panic was over.22</span><span>Ending the gold standard: To avoid deflation, FDR quickly suspended the gold standard.23 This meant that U.S. dollars no longer had to be backed up by gold reserves, which also meant that the government could print—and spend—more money to "prime the pump" of the economy.</span><span>Glass-Steagall Act: The Glass-Steagall Act imposed regulations on the banking industry that guided it for over fifty years, until it was repealed in 1999.24 The law separated commercial from investment banking, forced banks to get out of the business of financial investment, banned the use of bank deposits in speculation.25 It also created the FDIC[link to "FDIC" passage below]. The effect of the law was to give greater stability to the banking system.</span><span>FDIC: The Federal Deposit Insurance Commission backed all bank deposits up to $2500, meaning that most bank customers no longer had to worry that a bank failure would wipe out their life savings.26The agency continues to insure American deposits today.</span></span>
8 0
3 years ago
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3 years ago
Andrew Jackson Writing Piece
klio [65]
After examining Jackson’s accomplishments compared to his shortcomings and controversies, it can be difficult to be unbiased when deciding if he should or should not be replaced on the bill. Many historians and scholars are in disagreement with each other on the topic. Some believe he should be featured on the back of the bill and not the front George Washington, the first president of the United States, appears on the $1 bill and was also a slaveholder like Jackson. Around 300 slaves lived at Mount Vernon when George Washington died. He also supported legislation upholding slavery and also opposed other legislation on slavery. He signed the fugitive slave act guaranteed a right for a slaveholder to recover an escaped slave. He also signed the Northwest Ordinance that recognized the Northwest territory and outlawed slavery within the territory. He never publicly denounced slavery as an institution, and there is no discussion of removing him from the $1 bill.

When taking a closer look at the behaviors of both George Washington and Thomas Jefferson, we can see that they share similarities with Jackson. If removing Andrew Jackson from the $20 bill is considered then so should removing Washington and Jefferson. However, Jackson is far too controversial, especially in recent years. He would be in the right spot if he was moved to the back of the bill, and someone like Harriet Tubman replaced him in the front. His accomplishments earn him his place on the bill, but his controversial actions lessen what he has earned which is why he should appear on the back. Especially compared to President Abraham Lincoln, who is featured on the $5 bill, Jackson should be featured on the back of the bill. Lincoln who had some of the greatest presidential accomplishments, like the passing of the 13th Amendment and the Emancipation Proclamation
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2 years ago
How is capitalism linked to a market economy
Andrej [43]
Ok so i'm learning this right now to but i think it is because capitalism is a system of economic production where business owners (capitalists) acquire the means of production (capital) and hire workers who get paid for their labor which js where marketing comes in!
6 0
3 years ago
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