lizzyvaughn01
contestada

What did John D Rockefeller do
after waiting out his low-priced
oil and driving other oil
companies out of business?
A. He moved back to Cleveland and becamea
philanthropist in education.
B. He purchased the company remains of all of
his competitors and raised his prices.
C. He ran for mayor in New York City, but he was
not elected.
D. He sold his company and built libraries.

Respuesta :

Answer:B

Explanation:

arshikhan8123

He purchased the company remains of all of his competitors and raised his prices.

What did Rockefeller do after oil?

Rockefeller founded the Standard Oil Company, which dominated the oil industry and was the first great U.S. business trust. Later in life, he turned his attention to charity. He made possible the founding of the University of Chicago and endowed major philanthropic institutions.

What did Rockefeller do for the oil industry?

Born into modest circumstances in upstate New York, he entered the then-fledgling oil business in 1863 by investing in a Cleveland, Ohio refinery. In 1870, he established Standard Oil, which by the early 1880s controlled some 90 percent of U.S. refineries and pipelines.

Learn more about Rockefeller here https://brainly.com/question/7618102

#SPJ2

Otras preguntas