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Katen [24]
2 years ago
10

How was Rockefeller’s monopoly different from Carnegie’s?

History
1 answer:
algol132 years ago
3 0

The correct answer is:  

C. Rockefeller combined many corporations into a trust.

Rockefeller´s Standard Oil company bought up his competitors, and created the US’s first monopoly. Combining many corporations into a trust meant that holders of stock from oil companies handed over their shares to Rockefeller and his associates as a board of trustees, getting in return ‘trust’ certificates which paid dividends without any power.  


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