asked 188k views
3 votes
What did John D. Rockefeller create in order to monopolize the oil industry?

asked
User Unos
by
7.9k points

2 Answers

6 votes
John D. created a trust
answered
User Shamie
by
8.2k points
6 votes

Answer:

A trust, is the right answer.

Step-by-step explanation:

John Davison Rockefeller Sr. was a business magnate and humanitarian from America. He is generally regarded as the wealthiest American of all ages and the wealthiest individual in modern records. In the year 1870, he founded the Standard Oil Company. However, in an attempt to create a monopoly he created a trust.

answered
User Julie L
by
8.0k points
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