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Using horizontal consolidation, Rockefeller took hold of the entire petroleum refining process. He ruled only that part of the process, and revolutionized it.
Someone like Andrew Carnegie used vertical consolidation, in which he controlled every aspect of the steel business, from mining to manufacturing to transporting to selling.
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How was john Rockefeller a captain of industry?
He was a monopolist.
How was john Rockefeller a captain of the industry?
He was a monopolist.
How is JD Rockefeller captain of industry?
John D. Rockefeller was a captain of industry because he crushed all local competition during his campaign with his oil company. He earned over 900 million dollars during his career and donated 550 million to charity. Hope this helps :D
Was bill gates a captain of industry?
It depends on what you mean by a "captain of industry." The term generally applies specifically to John D. Rockefeller, J.P. Morgan, Andrew Carnegie, and others during their time. But you could certainly say that Bill Gates was a modern captain of industry in the sense that he helped pioneer the modern personal computing industry.
What industry was john d Rockefeller in?
The Oil Industry
Was John D Rockefeller a Robber Baron or Captain of Industry?
J. D. Rockefeller was considered both a robber baron and a captain of industry.
How was john Rockefeller a captain of the industry?
He was a monopolist.
How was john Rockefeller a captain of industry?
He was a monopolist.
Who was the captain of the oil industry?
John D. Rockefeller
Why is john d Rockefeller is a captain of industry?
Yes, he was a Captain of Industry. He built a great industrial empire and at the same time donated
What did john d Rockefeller make?
he was the captain of the oil industry, if thats what you mean
How is JD Rockefeller captain of industry?
John D. Rockefeller was a captain of industry because he crushed all local competition during his campaign with his oil company. He earned over 900 million dollars during his career and donated 550 million to charity. Hope this helps :D
Was bill gates a captain of industry?
It depends on what you mean by a "captain of industry." The term generally applies specifically to John D. Rockefeller, J.P. Morgan, Andrew Carnegie, and others during their time. But you could certainly say that Bill Gates was a modern captain of industry in the sense that he helped pioneer the modern personal computing industry.
How would Carnegie and Rockefeller justify calling themselves Captain of Industry?
by dominating the market, becoming the richest founders of all time.
Why Was John D Rockefeller both a robber baron and a captain of industry?
he was considered both because he was a monopoly on the oil business but still was a great philanthropist
What industry was john d Rockefeller in?
The Oil Industry
Why was john D Rockefeller consider both captain of industry and a robber baron?
he was considered both because he was a monopoly on the oil business but still was a great philanthropist
