lexitrav1
lexitrav1 lexitrav1
  • 24-06-2015
  • History
contestada

How did John D. Rockefeller horizontally integrate his monopoly in 1880?

Respuesta :

elizabethuga9
elizabethuga9 elizabethuga9
  • 07-10-2015
Rockefeller used the size of his company Standard Oil to negotiate preferential rates with railroad companies to transfer his oil in the refinement process. By gaining the upper hand in transportation costs, he was able to horizontally integrate his competitors into his firm working to establish a monopoly in the American oil industry. I hope this helped. :)
Answer Link
xxxtentacionfan
xxxtentacionfan xxxtentacionfan
  • 11-01-2021

Answer:

He created a trust that controlled ninety percent of the nation's oil refineries.

Answer Link

Otras preguntas

Which event in the story is a key detail in Holmes’s solution of the case? a. the observation that Mr. Wilson belonged to the Freemasons b. the walk around Saxe
Do you think that U.S. imperialism was more beneficial or harmful to Latin American people? Explain.
Each sentence below describes a cause-and-effect relationship. Which of the following sentences has the cause underlined? A. We turned up the heat since it wa
19 is 50 percent of what number
19 is 50 percent of what number
The Civil War inspired a number of enslaved people to
What is the slope of the line x=-6!? What about y=6 Please explain :)
What is the sign of the product (3)(–3)(–2)(4)?
What happened to hitlers dad?
Choose the correct term or name for the definition. the school of writing which describes things as they seem to the author, not as they could or should be