5
QuizMultiple Choice

Topic Test

Question 5 • IL-US History A

How was Rockefeller able to build his monopoly across the oil industry?

Answer
A
He bought up oil refineries, cut costs, and reinvested his profits in other refineries.
B
He confined his business to Ohio so he could buy all the refineries there.
C
He found newer and cheaper ways to refine oil, increasing his profits.
D
He began to sell kerosene as well as oil, expanding his market.
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