subject
Social Studies, 23.03.2021 02:10 dasiaflowers85

“In 1885, John D. Rockefeller wrote one of his partners, “Let the good work go on. We must ever remember we are refining oil for the poor man and he must have it cheap and good.” Or
as he put it to another partner: "Hope we can continue to hold out with the best illuminator in
the world at the lowest price."
Even after 20 years in the oil business, “the best ... at the lowest price” was still Rockefeller's
goal; his Standard Oil Company had already captured 90 percent of America's oil refining and
had pushed the price down from 58 cents to eight cents a gallon. His well-groomed horses
delivered blue barrels of oil throughout America's cities and were already symbols of
excellence and efficiency. Consumers were not only choosing Standard Oil over that of his
competitors; they were also preferring it to coal oil, whale oil, and electricity. Millions of
Americans illuminated their homes with Standard Oil for one cent per hour; in doing so, they
made Rockefeller the wealthiest man in American history."
Folsom, B. (1988). John d. rockefeller and the oil industry. Foundation for economic education.
Accessed on March 19, 2021. https://fee. org/articles/john-d-rockefeller-and -the-oil-industry/

6. The perspective implied in this source suggests the author would most likely
A. view Rockefeller as a robber barren
b. describe Rockefeller as a captain of industry
C. object to the effects of laissez-faire capitalism
d. support the Sherman Act

ansver
Answers: 3

Another question on Social Studies

question
Social Studies, 22.06.2019 02:50
Ahumid tropical climate brings rain in the summer and drier weather in the winter to the malay archipelago.
Answers: 2
question
Social Studies, 22.06.2019 15:10
What is federalism? what is federalism
Answers: 1
question
Social Studies, 23.06.2019 09:00
What prompted president monroe and secretary of state adams to issue the monroe doctrine?
Answers: 1
question
Social Studies, 23.06.2019 09:10
Which of the following  bestillustrates a negative reinforcer?               a.  copland gives up candy to stave off chronic acid indigestion.    b.  nancy learns that she prefers chocolate over vanilla.    c.  carmine changes his major to english lit after failing a math exam.    d.  on a hot day, lindberg always drinks lemonade.
Answers: 2
You know the right answer?
“In 1885, John D. Rockefeller wrote one of his partners, “Let the good work go on. We must ever rem...
Questions
question
Medicine, 13.08.2020 07:01
question
Mathematics, 13.08.2020 07:01
Questions on the website: 13722363