Which of the following best accounts for the success of Standard Oil?
A) Its scientists found new technical processes for refining oil more efficiently.
B) It bought out the Erie Railroad in order to keep transportation charges low.
C) It was one of the first companies to invest heavily in advertising.
D) Rockefeller was lucky to find the highest-quality oil on his Ohio farm.
E) Its corporate structure-known as vertical integration-allowed the company to grow tremendously.
Correct Answer:
Verified
Q19: A transcontinental railroad was not built before
Q20: All of the following factors helped accelerate
Q21: Sears, Roebuck and Company was a pioneer
Q22: During the Gilded Age, the rich were
Q23: Thomas Alva Edison invented the:
A) first lightbulb
B)
Q25: The work of Cornelius Vanderbilt helps emphasize
Q26: The Pennsylvania oil rush:
A) outweighed, in economic
Q27: The Great Railroad Strike of 1877:
A) was
Q28: Holding companies:
A) are firms that control the
Q54: The Great Railroad Strike of 1877 was
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents