Question Decide whether each of the companies described below would have been considered a big or a small business.(2 points) Big Business Small Business John D Rockefeller's Standard Oil Company controlled 90% of the oil industry George Westinghouse is Westinghouse Electric Company had 10,000 employees Jesse Keith Keith and Sons grocery store was worth $6,000 in Timmonsville, South Carolina Andrew Carnegie's Carnegie Steel company controlled 30% of the American steel industry

Question

Question Decide whether each of the companies described below would have been considered a big or a small business.(2 points) Big Business Small Business John D Rockefeller's Standard Oil Company controlled 90% of the oil industry George Westinghouse is Westinghouse Electric Company had 10,000 employees Jesse Keith Keith and Sons grocery store was worth $6,000 in Timmonsville, South Carolina Andrew Carnegie's Carnegie Steel company controlled 30% of the American steel industry

Answer 1

Big Business:

- John D Rockefeller's Standard Oil Company controlled 90% of the oil industry
- George Westinghouse's Westinghouse Electric Company had 10,000 employees
- Andrew Carnegie's Carnegie Steel company controlled 30% of the American steel industry

Small Business:
- Jesse Keith and Sons grocery store was worth $6,000 in Timmonsville, South Carolina