2
QuizMultiple Choice

Trusts and Big Business — Quiz

Question 2 • US History

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

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

Explanation

Standard Oil became a horizontally integrated monopoly by gaining control of many competing businesses at the same stage of production. Its core business was refining crude oil, and it consolidated rival refineries to dominate that industry. Pipelines and transportation were related activities, but refining was the business at the center of its horizontal integration.

AI-written and checked against the verified answer.

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