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How was the large size and great power of the Standard Oil Trust, depicted in cartoon, influenced by technological advances? A) Technology increased the demand for oil and gasoline, which the company produced. B) Technology allowed the company to advertise in new places and with novel methods. C) Technology allowed machines to replace human workers, which helped the company make more money. D) Technology increased demand job demand in other sectors so the Standard Oil Trust was the only oil company to survive, but it became larger.

2 Answers

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Answer:

The correct answer is A.

Step-by-step explanation:

Technology increased the demand for oil and gasoline, which the company produced.

User RaveTheTadpole
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Answer:

A) Technology increased the demand for oil and gasoline, which the company produced.

Step-by-step explanation:

The great advantage that Standard Oil Trust had was the time period in which it was established. Standard Oil began as a company established in 1870 by John D. Rockefeller and Henry Flagler. When the company was established, the oil business was a new enterprise, and most technology ran on coal. However, as technology developed, the demand for oil and gasolines increased. This led to an explosion in the size and profits of Standard Oil. Its history ended in 1911, when the Supreme Court declared the company an illegal monopoly.

User Gemantzu
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