Who created a monopoly in the U.S . oil industry during the late 1800s? Samuel Gompers Ulysses S Grant John D Rockefeller Theodore Roosevelt

Question

Who created a monopoly in the U.S . oil industry during the late 1800s? Samuel Gompers Ulysses S Grant John D Rockefeller Theodore Roosevelt

Answer 1

John D. Rockefeller

Answer 2

## Step 1The question is asking for the person who created a monopoly in the U.S. oil industry during the late 1800s. A monopoly is a situation where a single company or group controls the entire market for a particular product or service.## Step 2The options provided are Samuel Gompers, Ulysses S Grant, John D Rockefeller, and Theodore Roosevelt. We need to identify the person who is known for creating a monopoly in the U.S. oil industry.## Step 3John D. Rockefeller is known for creating a monopoly in the U.S. oil industry during the late 1800s. He was the founder of the Standard Oil Company, which became the largest oil refining company in the world.## Step 4Rockefeller's business practices were controversial, as he used aggressive tactics to eliminate competition and establish a monopoly. This led to the passage of the Sherman Antitrust Act in 1890, which was the first federal act that outlawed monopolistic business practices.

Problemas

Who created a monopoly in the U.S . oil industry during the late 1800s? Samuel Gompers Ulysses S Grant John D Rockefeller Theodore Roosevelt

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