History, 29.06.2019 08:00 canddpotts

John d. rockefeller was able to monopolize the oil market, due to a) driving out or buying other oil industries; hiring only immigrants and former slaves, so he was able to pay workers far less money; received large investments from wealthy americans that allowed him to excel quicker b) vertical consolidation- buying/driving out all other oil companies and/or entrepreneurs and horizontal consolidation- buying into all other industries needed to minimize costs, maximize profits, and dominate the oil market c) horizontal consolidation- buying/driving out all other oil companies and/or entrepreneurs and vertical consolidation- buying into all other industries needed to minimize costs, maximize profits, and dominate the oil market d) driving out or buying other oil industries; hiring only immigrants and former slaves, so he was able to pay workers far less money; invested money into the campaigns of major political leaders to avoid strict business laws

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John d. rockefeller was able to monopolize the oil market, due to a) driving out or buying other oil...

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