Question

Which of the following statements about John D. Rockefeller is most accurate? A. He invented the concept of vertical integration. B. He founded the Standard Oil Company when he was 24 years old. C. He considered competition to be the central ideal of capitalism. D. He drilled the first oil well near Titusville, Pennsylvania.

Answer 1

Founded Standard Oil Company when he was 24 years old.

Answer 2

John D. Rockefeller was one of the greatest American philanthropists and business magnates. He founded the Standard Oil Company when he was only 24 years old!