Question

1. What was John Rockefeller’s role in the Standard Oil Company?

2. How did lowering prices help Standard Oil Company attract new customers?



3. How did buying other oil company’s help Standard Oil gain control of the oil industry?



4. Why do you think that the United States Congress prohibited monopolies and trusts?

Answer 1

1,John D. Rockefeller (1839-1937), founder of the Standard Oil Company,