John Davison Rockefeller was an American industrialist who founded the Standard Oil Company in 1870.He later founded and bought several other companies and became the world's richest man.He also founded and donated large amounts of money to philanthropic organizations.Rockefeller's career is an excellent example of what the text refers to as:
A) welfare capitalism
B) managerial capitalism
C) family capitalism
D) institutional capitalism
E) state capitalism
Correct Answer:
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