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J.D Rockefeller

Or John D. Rockefeller

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14y ago
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Q: Who controlled the oil industry and crushed the competition?
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Who controlled a monopoly that controlled 95 percent of America's oil industry?

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How is JD Rockefeller captain of industry?

John D. Rockefeller was a captain of industry because he crushed all local competition during his campaign with his oil company. He earned over 900 million dollars during his career and donated 550 million to charity. Hope this helps :D


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John D. Rockefeller


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How did John D. Rockefeller gain control in the oil industry?

He sold his oil for lower prices then the competition and drove the rival company into the ground. He then purchased these companies and expanded his business area. He continued to do this until he gained control over 90% of American oil sales


What did Rockefeller hate most?

Rockefeller was known to dislike competition, particularly from other companies in the oil industry. He worked to establish a monopoly with his company, Standard Oil, in order to control the market and eliminate rivals.


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Although the food was foreign to her, Jenny was eager to taste it. Foreign investors once controlled most of Venezuela's oil industry.


What industry did Rockefeller have a monopoly?

Oil industry. Founder of Standard oil.


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