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Zarrin [17]
3 years ago
9

Why was the Cleveland Massacre significant in the formation of Standard Oil?

History
1 answer:
DanielleElmas [232]3 years ago
6 0

The Cleveland Massacre was instrumental in the rise of Standard Oil.  Rockefeller bought out his competitors at low prices and this led to the monopolization of the oil industry under Rockefeller’s control.  Eventually Rockefeller was investigated and his monopoly was broken up into smaller companies.

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