the Cleveland Massacre was significant in the formation of Standard Oil because through it, Standard Oil absorbed 22 of its 26 competitors.
This was because Rockefeller (founder of Standard Oil) planned the cleveland massacre to corner the US oil market. During the early 1870s, near the oil regions of Pennsylvania, several oil refining companies competed with each other. Huge competition for black oil has made prices volatile. Some companies were willing to give nonprofits just to gain an advantage over the competition. Rockefeller, having a Messianic thought of himself, saw the competition as a waste. His idea was that, in order for all oil potential to be achieved, the competition should be stopped. And so, he saw Standard Oil as the way to unite the entire oil refining industry. Thus, Rockefeller used the South Improvement Company to obtain large leverage in the production of smaller oil refineries to join or be purchased by Standard oil.
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The answer is D - the Turks.
The Turks were at the time gaining momentum as an empire. Their empire was known under the name "the Ottoman Empire", which in the following decades and centuries roamed around Europe and was conquering villages and cities alike. What is particularly interesting is that the Ottoman empire at the time was lead by a 21-year-old emperor named Mehmed II!
It led to a surplus
Division of labor resulted from an improvement in farming techniques. As a result of this improvement people started to produce a surplus as they improved their productivity due to specialization. Also, people were left with extra time to perform other activities
<span>The stagflation of the US economy in the early 1970s was characterized by the increase in unemployment as well an increase in the inflation. There was an economic nd energy crisis at that time. This was due to the very high increase in prices of oil</span>
It was "Peter the Great" who travelled around Europe in disguise so he could see for himself how western technology worked, since he was very much interested in modernizing Russia.