Answer:
Cleveland Massacre was a step towards oil monopoly and was initiated by John Rockefeller.
Explanation:
Introduction: John with his business partner started a shipping company. After sometime, they realized to expand their investment so they invested their money crude oil company. At that time, they were the owners of two oil companies.
Massacre end: to make an edge in this business, he started shipping at the discount prices that could not last long his business. So, the business collapsed itself. In 1872, he just ended up the Cleveland massacre.
Positive edge: soon the Cleveland massacre ended, John established its enough strong position in the market as he controls 25% of the shipping of oil to the standard oil companies at best bargained prices.
Monopoly: after this clear position in the market, he did not stop. He started a network of pipelines in 1874. John started buying shares of other companies to claim its ownership over them and soon the Standard oil company ownership was in his hands. And then by the ends of 1880, he created and oil monopoly.
Allegation: he created the first ever industrial monopoly. So according to the violation of charter named Ohio, he was banned for the shipping of its oil outside the state. Therefore in New York he started shipping oil under the name of “trust”.
Answer Detail:
Level: High School
Subject: History
Keywords:
• Monopoly
• Massacre
Learn more to evaluate:
Monopoly: brainly.com/question/8411284
The reasons people move are usually for economic, political, cultural, or environmental reasons.
By the beginning of October of 1950, UN forces had pushed the North Koreans back to the Yalu River. Option three is correct.
By September 1950, UN forces led by the American General MacArthur landed in Inchon and immediately pushed the North Koreans back over the 38th parallel. Later on, by October 1950 they had rolled back the communists to the Yalu River on the border with China.
Answer:
1. People living in Texas and New Mexico would need middleman to conduct trade due to the great distances involved in travelling.
2. The Puebloen were town dwellers with sophisticated villages, while the plain culture was mostly nomadic.
Explanation:
1. Both Texas and New Mexico were frontier States with poor transport links with the industrialized North-West. Due to the great distances involved, it made more sense to conduct trade with a middleman than do it directly.
The middleman would manage transport and security of goods with their own network and contacts. At the time, it was almost impossible to do business otherwise.
2. Both the Puebloen people and the Tribes on the claims were Native American people but with their own distinct culture, traditions and language. The plains provided with enough bison and wild game to fulfill the needs of the people and the geography also meant that these people had to live like nomads, moving places depending on the weather.