How did John D. Rockefeller vertically integrate his monopoly in 1882?
O He created a trust that controlled oil wells, refineries, and distribution networks.
O He created a trust that controlled ninety percent of the nation's oil refineries.
He purchased coal plants around the country to add to his business.
He purchased iron mines around the country to add to his business.

Answers

Answer 1

Answer:

He created a trust that controlled oil wells, refineries, and distribution networks.

Explanation:

Vertical integration is the term for the strategy of controlling supply change and distribution. They include the previously existing companies in their chain – ones that operate with production, supply, and distribution.

This strategy was used by John D. Rockefeller in 1882. He created the Standard Oil trust company that included other companies focusing on management, transportation, and distribution of oil and oil wells. It became a very rich business that owned a monopoly over the supply and distribution of the oil, wells, and pipelines.

Answer 2

Answer:

Answer:

He created a trust that controlled oil wells, refineries, and distribution networks.

Explanation:

Explanation:

got it right on edge 2021

Related Questions

The largest group of elites in Latin America were known as

mestizos.

creoles.

Iberian-Europeans.

peninsulares.

Answers

Answer: creoles

Explanation:

Answer:

creoles

Explanation:

Creoles referred to Latin Americans of European descent

Which two were considered great Enlightenment thinkers whose political ideas
helped inspire the American Revolution.
Montesquieu
Oliver Cromwell
John Newton
John Locke

Answers

Answer:

John Locke and Montesquieu

Explanation:

We already learned about that I checked my text book also I took the test

Montesquieu and John Locke, two were considered great Enlightenment thinkers whose political ideas helped inspire the American Revolution. Thus, option (a) and (d) is correct.

What is Enlightenment?

The term “Enlightenment” refers to the Age of Reason. The Enlightenment was established in the 17th and 18th centuries. The Enlightenment defines the movement of culture, intellectually. The Enlightenment's main motives were liberty, happiness, and humanity.

Charles de Montesquieu and John Locke are belongs to the considered great Enlightenment. The both are philosophers, liberty and political background to belong. The all are motive to development. Locke was motivated by monarchy-limiting legislation, the American Revolution and the Whig-created English Bill of Rights.

As a result, Montesquieu and John Locke, two were considered great Enlightenment.

Therefore, option (a) and (d) is correct.

Learn more about on Enlightenment, here:

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