Ch. 19 Section 3 Paul Shinn
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| show | 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.
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| show | 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
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| show | a. lower prices to the buyer
b. better quality goods and services
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| 5. Methods used by Carnegie to build industry. | show 🗑
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| 5. Methods used by Rockefeller to build industry. | show 🗑
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| show | 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.
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| 6. Whom do the figures in the cartoon represent. | show 🗑
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| 6. What is the cartoon saying about the Standard Oil Company? | show 🗑
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| show | The octopus is a powerful and scary animal. A big enough one could suck a person down.
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