What was the consequence of the formation of the Standard Oil Trust?
A) The federal government passed legislation to stop further trusts from forming.
B) Other industries followed its lead and trusts became common in America.
C) John D. Rockefeller lost control of his company.
D) Other oil companies began to compete with Standard Oil over prices.
E) It became famous as the only trust ever formed in the United States.
Answer: B
You might also like to view...
What is meant by the term "Americanization"? Do you think the growth of American pop culture is the most important change in Western society since World War II? How significant is its reach beyond Western society? In what ways is the worldwide penetration of American popular culture a positive influence? What negative trends does it introduce?
What will be an ideal response?
The Plessy v. Ferguson decision of 1896 led to
A) equal educational opportunities for African Americans. B) the ratification of the Fifteenth Amendment. C) an end to racial discrimination in employment. D) "Jim Crow" laws in the South.
Describe the motives and goals of early nineteenth-century moral reformers. What social problems did they identify with prostitution and "heavy drinking"?
What will be an ideal response?
In its first year in office, the Bush administration
A. primarily relied on Republican moderates for support. B. passed the largest tax cut in American history. C. liberalized scientific restrictions on stem-cell research. D. reduced federal budget deficits considerably. E. worked hard to build coalitions across party lines.