<span>Business leaders pushed for horizontal integration. Rockefeller’s Standard Oil began buying out competitors. By 1880, it controlled about 90 percent of the U.S. oil refining industry, a near monopoly. When People opposed this horizontal integration fearing monopolies will charge heavily the business leaders found two ways to overcome this obstacle by creating Trusts and Holding Companies.
A trust is a legal arrangement that allows one person to manage another person’s property. The person who manages that property is called a trustee. The trustees could control a group of companies as if they were one large, merged company. In 1882 Standard Oil formed the first trust. Standard Oil had stockholders of that company give their stock to Standard Oil trustees in exchange for shares in the trust and its profits.
A new general incorporation law in 1889 allowed corporations to own stock in other businesses without special legislative permission. Many companies used the law to create holding companies. A holding company does not produce anything itself but owns the stock of companies that do produce goods. The holding company manages its companies, effectively merging them into one.</span>
Wind patterns, ocean currents, proximity to large bodies of water (i.e. seas and oceans), and elevation all impact climate patterns through a variety of factors. These factors largely impact the flow of energy and heat from the sun across the Earth's surface through processes of convection. For example the "Jet Stream" in the United States is a wind pattern that carries air and weather patterns across the United States and its flow shifts directions depending on seasons. Another is the Gulf Stream which brings warm currents from the Caribbean and Central American up the American coast and out into the Atlantic ocean warming the temperatures of the coastal water ways and also impacting the climate of the land near it.
Penn's role in the development of self government was he believed that everyone had to seek Gods in his or her own way. He also thought that religious tolerance – or “liberty of conscience” – would create stronger governments and wealthier societies. Other English thinkers in the 1600s shared these ideas.
Answer: the party adopted a platform calling for free coinage of silver, abolition of national banks, a subtreasury scheme or some similar system, a graduated income tax, plenty of paper money, government ownership of all forms of transportation and communication.
