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Title: The Robber Barons

Essay Details

Subject: United States
Author: Anonymous
Date: July 1, 2009
Length: 3 / 719
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

Rockefeller’s dream was to monopolize the oiling industry, and he so successfully did. Because of his great empire (the Standard Oil Co.) and the wealth it brought, when any other competitor tried even to step foot into the oiling industry, Rockefeller dropped his prices until the rookie industry was forced out...

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After he ! regained monopoly, he then jacked up the prices. Sure, the people were mad, but what could they do? Many other industries depended on the oil that Rockefeller provided and besides, the Sherman Antitrust Act couldn’t be enforced with these big businesses growing larger and larger...

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