1
QuizMultiple Choice

Trusts and Big Business

Question 1 • FL-2100310-United States 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.
Next