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beks73 [17]
3 years ago
5

How did John D. Rockefeller vertically integrate his monopoly in 1882?

History
2 answers:
jonny [76]3 years ago
6 0

Answer:

He created a trust that controlled oil wells, refineries, and distribution networks.

Explanation:

<u>Vertical integration is the term for the strategy of controlling supply change and distribution.</u> They include the previously existing companies in their chain – ones that operate with production, supply, and distribution.

This strategy was used by John D. Rockefeller in 1882.<u> He created the Standard Oil trust company that included other companies focusing on management, transportation, and distribution of oil and oil wells.</u> It became a very rich business that <u>owned a monopoly over the supply and distribution of the oil, wells, and pipelines.</u>

netineya [11]3 years ago
6 0

Answer:

Answer:

He created a trust that controlled oil wells, refineries, and distribution networks.

Explanation:

Explanation:

got it right on edge 2021

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