Homework Help: Social Studies

Posted by Abby on Thursday, May 31, 2012 at 10:49pm.

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?

Social Studies - Ms. Sue, Thursday, May 31, 2012 at 11:06pm
He was 30 when he founded the Standard Oil Company.

I'm not sure about this one. It may be C.
Social Studies - Katie, Friday, June 1, 2012 at 12:06am
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
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:)
Social Studies - Anonymous, Saturday, August 25, 2012 at 1:56pm
He considered competition to be the central ideal of capitalism. *IS WRONG*
Social Studies - Danyell, Wednesday, November 14, 2012 at 9:29pm
If definiatly IS NOT B!!!!
Got it wrong on my test!
Social Studies - Anonymous, Wednesday, January 9, 2013 at 4:11pm
Its D!!!

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