posted by Abby on .
Which of the following statements about John D. Rockefeller is most accurate?
A. He drilled the first oil well near Titusville, Pennsylvania.
B. He considered competition to be the central ideal of capitalism.
C. He invented the concept of vertical integration.
D. He founded the Standard Oil Company when he was 24 years old.
Is it D?
He was 30 when he founded the Standard Oil Company.
I'm not sure about this one. It may be C.
It's B - he was really rich and his monopoly just kept getting bigger and bigger, which meant there was essentially no competition and the idea of 'survival of the fittest' became less and less hopeful for other companies.
Please answer my question
He considered competition to be the central ideal of capitalism. *IS WRONG*
If definiatly IS NOT B!!!!
Got it wrong on my test!
A series of legislative acts passed under the Grant administration in 1870 and 1871 authorized federal protection for black suffrage through the use of the Army against the Ku Klux Klan. Together, these were known as the _______ Acts.
the answer is d.