Who set up a trust in order to establish Standard Oil as a monopoly?

A. James Duke
B. Henry Flagler
C. Charles Dudley Warner
D. John D. Rockefeller

John d Rockefeller owned standard oil

Answered by Ryanz | 2024-06-10

John D. Rockefeller ;

Answered by pethauls4up110km | 2024-06-12

The correct answer is D. John D. Rockefeller, who established Standard Oil as a monopoly by creating the Standard Oil Trust in 1882. This trust allowed him to control a vast majority of the oil industry by consolidating many companies under a shared management structure while navigating legal restrictions. Ultimately, Rockefeller's aggressive business methods allowed Standard Oil to dominate the market, making it one of the first and most notorious monopolies in American history.
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Answered by Ryanz | 2024-09-30