Answer:
Explanation:
Standard Oil dominated the oil products market initially through horizontal integration in the refining sector, then, in later years vertical integration. The company was an innovator in the development of the business trust.
The Standard Oil trust streamlined production and logistics, lowered costs, and undercut competitors. "Trust-busting" critics accused Standard Oil of using aggressive pricing to destroy competitors and form a monopoly that threatened other businesses, due this gave standard oil and edge over competitors which kept the company in a pole position in the downstream oil and gas sector.
After the passage of the Sherman Antitrust Act in 1890, standard oil was broken up in 39 different companies that are major players in the oil and gas industry till date, as thus controlling a larger percentage of world oil distribution and supply.
Jan Matzeliger invented the shoe-producing machine that could finish from 100-650 more shoes (each day) than by hand. This made shoe production a factory (rather than hand-made) product.
Many nations wanted to find the U.S passage, because they wanted to find a quicker route to Asia. They thought going around Africa was way too long and going across the Mediterranean Sea was too expensive and risky. They thought that sailing west would get them to Asia in no time. In reality, it was North America and they would have to go much farther in order to get to Asia, but they did not know that back then.
The Intolerable Acts were the American Patriots' term for a series of punitive laws passed by the British Parliament in 1774 after the Boston Tea Party. They were meant to punish the Massachusetts colonists for their defiance of throwing a large tea shipment into Boston Harbor in reaction to being taxed by the British. In Great Britain, these laws were referred to as the Coercive Acts.
The acts took away Massachusetts' self-government and historic rights, triggering outrage and resistance in the Thirteen Colonies. They were key developments in the outbreak of the American Revolution in 1775.
