4. Name two benefits of competition to consumers are:

a. lower prices to the buyer b. better quality goods and services

5. Methods used by Carnegie to build industry.

a. bought up all services and supporting industries so he could ship it, fix it, mine it, and furnace it all within the same corporation. This was called vertical integration.

5. Methods used by Rockefeller to build industry.

a. bought up all small refineries in Ohio b. used horizontal integration that combined small corporations into one large corporation. c. used their own tanks and pipelines to produce and move the oil

5. Differences between Carnegie's and Rockefeller's methods.

The difference was in Carnegie bought up the industries that would support his steel industry especially in transporting or shipping products to market. Rockefeller bought up any competition that was in his way from making money.

6. Whom do the figures in the cartoon represent.

Standard Oil, the government, and the suppliers.

6. What is the cartoon saying about the Standard Oil Company?

The cartoon is saying that Standard Oil like an octopus; it can suck you down and make you into nothing so you don't have any business or power.

p. 569 Why do you think the political cartoonist used an octopus to represent Standard Oil?

The octopus is a powerful and scary animal. A big enough one could suck a person down.

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2. What cities became centers of steel production in the late 1800s? Why?

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3. Summarize the steps that John D. Rockefeller took to gain control of the oil industry.

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History Ch. 19

Ch. 19 Section 3 Paul Shinn

Question	Answer
2. What cities became centers of steel production in the late 1800s? Why?	Pittsburgh, PA, Cleveland, OH, Detroit, MI, Chicago, IL, Birmingham, AL are all located near iron mining and near railroads of lakes for transporting the iron.
3. Summarize the steps that John D. Rockefeller took to gain control of the oil industry.	a. lowered prices to drive competitors out of business. b. pressured customers not to deal with his competitors c. made trusts under a single board of directors and bought out basically almost every single oil refinery d. created a monopoly on oil
4. Name two benefits of competition to consumers are:	a. lower prices to the buyer b. better quality goods and services
5. Methods used by Carnegie to build industry.	a. bought up all services and supporting industries so he could ship it, fix it, mine it, and furnace it all within the same corporation. This was called vertical integration.
5. Methods used by Rockefeller to build industry.	a. bought up all small refineries in Ohio b. used horizontal integration that combined small corporations into one large corporation. c. used their own tanks and pipelines to produce and move the oil
5. Differences between Carnegie's and Rockefeller's methods.	The difference was in Carnegie bought up the industries that would support his steel industry especially in transporting or shipping products to market. Rockefeller bought up any competition that was in his way from making money.
6. Whom do the figures in the cartoon represent.	Standard Oil, the government, and the suppliers.
6. What is the cartoon saying about the Standard Oil Company?	The cartoon is saying that Standard Oil like an octopus; it can suck you down and make you into nothing so you don't have any business or power.
p. 569 Why do you think the political cartoonist used an octopus to represent Standard Oil?	The octopus is a powerful and scary animal. A big enough one could suck a person down.

Created by: loveless

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