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1863: John D. Rockefeller partners with Maurice B. Clark and Samuel

Andrews to open his first oil refinery
1871: J. P. Morgan becomes a partner in the banking firm Drexel, Morgan &
Co.
1875: Andrew Camegie uses money from earlier investments to open his first
steel mill.
1882: Rockefeller forms the Standard Oil Trust, which controls most U.S. oil
production
1889: Morgan merges several electricity companies to found General Electric
1892: Striking workers at Carnegie's mill in Homestead, Pennsylvania, clash
with hired security forces.
1895: Morgan takes over Drexel and restructures it to become J. P. Morgan &
Co.
1899: Carnegie combines several steel mills that he has purchased into
Carnegie Steel
1901: Morgan buys out Carnegie for $480 million and forms U.S. Steel.
1914: The United Mine Workers strike at a Rockefeller-owned coal mine in
Ludlow, Colorado, ends in a massacre.
The information in the timeline most clearly supports the idea that:
O
A. free enterprise slowed investment in private industry.
O
B. workers and owners built jointly owned corporations.
O
C. promising entrepreneurs benefited from political favors.
O
D. big-business growth led to conflicts with workers.

User GoinOff
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1 Answer

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Answer:

The right answer is:

D. big-business growth led to conflicts with workers.

Step-by-step explanation:

Divergent interests of investors and workers are a historical fact. Workers have usually demanded better pay and working conditions. Capitalism has evolved since the 19th century in the USA and in the world, workers have more rights now, but labor-capital conflicts are always present, it´s inevitable. All the remaining options shown here are not logical, only D. is a statement that conforms to events and facts provided.

User Axel Donath
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