Question

describe the historical rise and fall of jd rockfeller​

Answer 1

Answer:

:The Rise of the West: A History of the Human Community is a book by University of Chicago historian William H. McNeill, first published in 1963 and enlarged with a retrospective preface in 1991. It explores world history in terms of the effect different old world civilizations had on one another, and especially the deep influence of Western civilization on the rest of the world in the past 500 years. He argues that societal contact with foreign civilizations is the primary force in driving historical change. In 1964 it won the National Book Award in History and Biography.

:John D. Rockefeller (1839-1937), founder of the Standard Oil Company, became one of the world’s wealthiest men and a major philanthropist. Born into modest circumstances in upstate New York, he entered the then-fledgling oil business in 1863 by investing in a Cleveland, Ohio refinery. In 1870, he established Standard Oil, which by the early 1880s controlled some 90 percent of U.S. refineries and pipelines. Critics accused Rockefeller of engaging in unethical practices, such as predatory pricing and colluding with railroads to eliminate his competitors in order to gain a monopoly in the industry.

Answer 2

John Davidson Rockefeller was one of the noted American businessmen of his age.

Explanation:

• An ardent follower of Baptism, who preached in his entire life. Oil made him wealthiest and billionaire in America and thus enjoyed the monopoly of his business.
• Rockefeller also suffered jolts during his business years when media trolled him for wrong reasons of competitive practices.
• He was capitalist in his approach who acquired his competitors for crony capitalism.