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
Answer:
Freedom is capacity of the individual that exists outside of society.
Explanation:
Freedom - A person's legal competence.
This means that legally, a person that has freedom, and it is in common sense that they would have it. Outside of society, it would be different and not the same, But we still have the right to entitle freedom to ourselves
Answer:
The eastern coast provided water power
Explanation:
The early versions of these factories needed water to help manufacture power to create the goods.
Hope this helps :)
Answer:
Ziggurats were built on high platforms to keep them safe from floods,
And Much of life in a Sumerian city centered on the ziggurat.
Answer:
The United States had provided funding, armaments, and training to South Vietnam's government and military since Vietnam's partition into the communist North and the democratic South in 1954.
Explanation: