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 correct answer is: "a developing nation".
Developing nations lack the technological developments which are necessary to compete in international markets. Most developed countries that use such technologies are able to produce more elaborated goods (hence more expensive) at a much lower cost and therefore gather the profits from international trade.
On the other hand, developing nations where wage levels are low and where institutions are weak become an attractive destination for corporations that perform outsourcing. Outsourcing consists on a company hiring another one in order to perform a certain task. If a corporation hires a company in a developing country, for example to perform certain stages of its production process, it can profit for the lower labor costs and the lack of regulation and taxation system that emerges from the lack of strong institutions. This outsourcing contract allows the corporation of producting at a lower cost than before and to become more competitive in the international markets.
Answer:
The Pigtail Ordinance was an 1873 law intended to force prisoners in San Francisco, California to have their hair cut within an inch of the scalp. While the law did not discriminate between races, it affected Han Chinese prisoners in particular, as it meant they would have their queue, a waist-long, braided pigtail, cut off. The proposal passed by a narrow margin through the Board of Supervisors in 1873 but was not enacted until 1876.
Explanation:
Answer:
False
Explanation:
Cities and towns became more prominent during the Renaissance because they played a significant role in bringing a rebirth of art, sculpture and buildings in Italy. Florence, Venice, Milan, Naples, and Rome were some of the wealthiest city-states. Some of the renowned work during the Renaissance period done by artists, architectures, and philosophers. Serfs did not leave estates to seek more rewarded work in cities and town because they bound to their lords land to toil on farms.
