How did John D. Rockefeller vertically integrate his monopoly in 1882?
A.He created a trust that controlled oil wells, refineries, and distribution networks.
B.He created a trust that controlled ninety percent of the nation's oil refineries.
C.He purchased coal plants around the country to add to his business.
D.He purchased iron mines around the country to add to his business.

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06-06-2022
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How did John D. Rockefeller vertically integrate his monopoly in 1882?
A.He created a trust that controlled oil wells, refineries, and distribution networks.
B.He created a trust that controlled ninety percent of the nation's oil refineries.
C.He purchased coal plants around the country to add to his business.
D.He purchased iron mines around the country to add to his business.

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topeadeniran2 topeadeniran2 · Answer 1 · 2022-06-08T11:43:04+02:00

John D. Rockefeller vertically integrate his monopoly in 1882 as D. He purchased iron mines around the country to add to his business.

What is monopoly?

It should be noted that monopoly simply means a market structure that is characterized by a single seller of a good.

In this case, John D. Rockefeller vertically integrate his monopoly in 1882 as he purchased iron mines around the country to add to his business.

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