Which of the following statements about John D. Rockefeller is most accurate? A. He founded the Standard Oil Company when he was 24 years old. B. He drilled the first oil well near Titusville, Pennsylvania. C. He invented the concept of vertical integration. D. He considered competition to be the central ideal of capitalism.

Question and answer

Which of the following statements about John D. Rockefeller is most accurate? A. He founded the Standard Oil Company when he was 24 years old. B. He drilled the first oil well near

Titusville, Pennsylvania. C. He invented the concept of vertical integration. D. He considered competition to be the central ideal of capitalism.

D.

littleblueangel_08|Points 10|

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Asked 3/11/2011 7:05:21 PM

Updated 6/2/2011 9:40:58 AM

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I believe the answer is D. He considered competition to be the central ideal of capitalism. He was the founder of the Standard Oil Company but that was founded in 1870 and he was born in 1839, so he would have been 31 years old, not 24.

Added 6/2/2011 9:40:58 AM

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A. He founded the Standard Oil Company when he was 24 years old.

Added 6/2/2011 9:27:28 AM

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