Question

What criticism did Henry Demarest Lloyd leverage against Rockefellers Standard Oil in Wealth against Commonwealth (1892)?

a. Rockefellers oil corporation was excessively competitive.

b. Standard Oil was overcharging end consumers of their products.

c. Standard Oil was employing more foreigners than Americans.

d. Rockefellers corporation was violating regulations at the New York Stock Exchange.

e. Standard Oil was undermining fair competition in the marketplace.

ANS: E TOP: The Second Industrial Revolution

DIF: Difficult REF: Full p. 599 | Seagull p. 611

MSC: Understanding OBJ: 1. Describe the factors that combined to make the United States a mature industrial society after the Civil War.

Answer

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