Answered

Discover a wealth of knowledge at Westonci.ca, where experts provide answers to your most pressing questions. Ask your questions and receive detailed answers from professionals with extensive experience in various fields. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

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.

Sagot :

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.

Learn more about monopoly on:

brainly.com/question/13113415

#SPJ1

Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.