1. Rockefeller envisioned the consolidation of many small oil refineries into one giant company that controlled the production because, when the market for oil grew, the amount of buyers grew more, leading to prices going up and down and many small companies wet into bankruptcy. They created what they called "Our Plan" through Standard Oil to save the industry, by combining the businesses
2. The three major railroads running through Cleveland and the Oil Regions of Pensylvannia were really costly, but when they were initially setup and the traffic started to grow more and more, the costs decreased, causing very high losses to the them. Since Standard Oil had the market power they were able to get discounts on railway freight rates. If a railroad did not wish to work with the Standard’s demands they would just ship with another railroad, so most of the railroads ended up agreed to work with them to continue with the businesses. Railroads were Erie, New York Central, and Pennsylvania.
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The Republican Party, often called the GOP (short for “Grand Old Party”) is one of two major political parties in the United States. Founded in 1854 as a coalition opposing the extension of slavery into Western territories, the Republican Party fought to protect the rights of African Americans after the Civil War.
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Becoming the most influential leader of Russia.
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He enlarged the size of Russia considerably and called himself the "Duke of All Russias," the first ruler who manifested a pretension to rule all the Russian lands. He proclaimed Moscow to be the Third Rome, built the Kremlin and laid the foundations of strong autocracy.
Portugal is the European Kingdom that led in European Exploration in the 15th Century in the age of discovering, exploration and mapping coasts of Africa, Canada, Asia and Africa. Under the leadership of Prince Henry the Navigator, Portugal took the role to search for a sea route to Asia by sailing south around Africa, and during this process, Portugal accumulated wealthy knowledge on the geography and navigation of the Atlantic ocean.
In the last decade, Christopher Columbus crossed the Atlantic Ocean and "discovered" a new continent while searching or a sea route to the Indies.
In 1498, Vasco da Gama led the first fleet around Africa to India.
