<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>
Communism
This is an example of central planning in which everything is directed by the government. These types of economies tend not to do well because as the question states the incentive for individuals is taken away.
Answer:
because of adapting socialist
It was a new state and they also wanted to find resources
D. Powers shared between the Federal and State governments.
Concurrent powers are the powers that are shared by the Federal government with the States.
The most important of these is the power to tax. Both the federal and state governments have the ability to tax.
