<span>His impact on the Industrial Revolution in America was the biggest of any single U.S. citizen. His trust of oil, and control of the railroads, and oil tank cars on the railroad allowed him immense power since the federal government instituted no regulation of business to allow competition to develop in the various industries totally or in-part controlled by Rockefeller. This ended of course when Theodore Roosevelt broke the industrial trusts early in the 20th century. Rockefeller did go on to institute many worthwhile charities and foundations that have and continue to benefit people around the world. Rockefeller had no peer when it came to making business decisions that only he would make with regular success that eventually made him the wealthiest person in United States history. Using today's wealth standards his personal fortune was well over 1/4 of a trillion (that's with a T) dollars.</span>
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Answer:
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Explanation:
A huge part of it had to deal with the way that the French government dealt with debt.
<span>Only their third estate, primarily poor merchants and peasants, paid any taxes. The French largely funded the American Revolution because of their long-standing animosity with Great Britain. However, the debt they incurred was only slowly paid off because the people they were taxing had very little money. The country fell into an economic crisis and resentment began to build against the first and second estates--the weathly, title-holder, landed gentry and clergy. Thus the revolution. </span>
<span>A good comparison is Great Britain post-America Revolution, who taxed their citizens more fairly and avoided revolution by not throwing most of their citizens into the desperate straits of poverty.</span>
Real GDP per capita for the United States is calculated by dividing real GDP by the number of people living in the country.
