Standard Oil Octopus

What was the nickname given to the late 19th century when wealthy business tycoons built huge financial empires?

• The Gilded Age

• The Industrial Age

• The Progressive Era

• The Roaring Twenties

Who created the Standard Oil Company in 1870?

• John D. Rockefeller

• Andrew Carnegie

• J.P. Morgan

• Cornelius Vanderbilt

What did Ida Tarbell's publication lead to regarding Standard Oil?

• The breakup of Standard Oil into 90 different companies

• The expansion of Standard Oil

• The merger of Standard Oil with other companies

• The creation of a new Standard Oil monopoly

Under which act was Standard Oil declared a monopoly?

• Sherman Antitrust Act

• Clayton Antitrust Act

• Federal Trade Commission Act

• Robinson-Patman Act

What was the main focus of John D. Rockefeller's business strategy?

• Eliminating competition

• Philanthropy

• Environmental sustainability

• Employee welfare