2
QuizMultiple Choice

Monopolies and Trusts

Question 2 • FL-2100315-United States History CR

What was the core business that made Standard Oil a horizontally integrated monopoly?

Answer
A
refining oil
B
transporting oil to customers
C
building oil pipelines
D
finding new uses for oil

Explanation

Standard Oil became a horizontally integrated monopoly by consolidating control over oil refining, buying up or driving out competing refineries. Horizontal integration means combining businesses at the same stage of production. Transporting oil and building pipelines were important activities, but refining was the core business in which Standard Oil established its monopoly.

AI-written and checked against the verified answer.

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