Monopolies and Trusts Answers

9 verified answers
1
Free Preview

What is the main idea of the text?

A
It takes caution to create a perfect business situation, and Rockefeller was always cautious.
B
Rockefeller was a patient man who thought out and prepared for his business activities.
C
Rockefeller’s instinct for making money was the greatest contributor to his success.
2
Free Preview

Explain your reasoning, using at least one quotation from the reading to justify your answer.

Answer:

Tarbell has a negative view of Rockefeller’s patience. She portrays it as a calculating tool he used to hide his plans and destroy competitors, for example by waiting for the right moment to “crush men who are pursuing legitimate trade” or to seize “that particular invention, plant, or market.”

3

Which reasons did you include in your answer?

A
She has a negative view because he used it to conceal his intentions.
B
She has a negative view because he used it to “crush men who are pursuing legitimate trade.”
C
She has a positive view because he could find monetary opportunity.
D
She has a positive view because he used it to find the right time to seize “that particular invention, plant, or market.”
5

What is the main idea of the text?

A
Only people in Northwest Pennsylvania knew how ruthless Standard Oil could be.
B
Only people with private agendas did not trust Standard Oil. Everybody else believed it had good practices.
C
Because Standard Oil had been operating the way it had for so long, people just accepted that things would not change.
6

Which inference did you include in your answer?

A
Over time, most people forgot all the bad things Standard Oil had done.
B
Rockefeller waged a successful public relations campaign.
C
The public accepted Rockefeller’s explanations when people complained.
D
No one was willing to stand up to the powerful Rockefeller.
7

What is the main idea of the text?

A
Standard Oil was great because Rockefeller picked strong partners who shared his vision.
B
Standard Oil was great because of Rockefeller’s sweeping commercial vision and ambition.
C
Standard Oil was great because Rockefeller understood what he was after and knew how to work for it.
8

Use at least three pieces of evidence found in the text.

Answer:

John D. Rockefeller built his oil monopoly through careful planning, hard work, and a willingness to crush competitors. He was patient and planned everything carefully as he expanded Standard Oil. He was ambitious and hard working, and he had a great instinct for making money. Rockefeller also knew when to seize opportunity and was willing to crush his competitors to control the industry.

9

Which of the following does your response include?

A
Rockefeller was patient.
B
He planned everything carefully.
C
He hired men who shared his vision.
D
He was able to convince the public that he was good for business.
E
He was ambitious and hard working.
F
He had a great instinct for making money.
G
He was willing to crush his competitors.
H
He knew when to seize opportunity.

Did you find these answers helpful?

Monopolies and Trusts Answers…