asked 3.6k views
3 votes
How was Rockefeller able to build his monopoly across the oil industry?

asked
User Brebber
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2 Answers

4 votes

He bought up oil refineries, cut costs, and reinvested his profits in other refineries.

answered
User JLagana
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5 votes
Rockefeller built the Standard Oil Company in which he bought up oil refineries, cut costs, and reinvested his profits in other refineries.
answered
User Tyler Olthuizen
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7.8k points
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