The Rockefeller Oil Trust

SincereHorse avatar
SincereHorse
·
·
Download

Start Quiz

Study Flashcards

10 Questions

What was the purpose of the scheme proposed by the Pennsylvania refiners?

To keep up prices

What was the main goal of the company formed by the refiners and shippers?

To become the only refiners

Why did the refiners work on the scheme secretly?

To prevent premature injury to their scheme

What did the refiners hope to achieve by obtaining special rates from the railroads?

To limit their output to actual demand

What did the refiners plan to do once they became the only refiners?

To limit the output of other companies

What did Lincoln Steffens write about in his magazine articles?

Child labor

What impact did advances in printing technology have on magazines?

They became inexpensive to print

Who does Lincoln Steffens believe is responsible for the state of the United States?

We are responsible

What did Lincoln Steffens accuse the leaders of doing?

Looting the government

What did Lincoln Steffens claim about the loyalty of the people?

It was diverted by the leaders

"The Rockefeller Oil Trust: Uncovering the Secret Scheme of 1871" - Test your knowledge on the covert plan devised by Pennsylvania refiners to establish a monopoly in the oil industry. Explore the details of their strategy, including special rebates and drawbacks, and learn about the impact it had on the railroads and competitors.

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Get started for free

More Quizzes Like This

Use Quizgecko on...
Browser
Browser