[2015] Paul Echeverria: John D. Rockefeller

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by bolanrob1
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[2015] Paul Echeverria: John D. Rockefeller

John D. RockefellerJohn D. Rockefeller was born in 1885 on July 8th. He died on May 23, 1937 his resting place is in Lake View cemetery, Clevend. John D. Rockefeller was an American business magnate and philanthropist. He dominated the oil industry. He founded the standard oil company in 1870 and ran it until he retired in 1897.

How did he treat his workers?Rockefeller was known for treating his workers fair. When he bought a company out he would hire back the workers form the previous companys. Also since he respescted his workers they respected them and in return they worked hard for him.

Interesting factLobster used to be considered a low income persons food. It is now considered an expensive food because Rockefeller accidently ate his servant’s meals and enjoyed it. It soon became popular among wealthy people.

What made him richThe thing that made Rockefeller rich was that he had a monopoly. This meant that he controlled all oil and no one else could run against him take to over the industry. He controlled standard oil. He did this by buying out all other oil companys so then he could raise the prices because there was no where else to get oil.

How did they push the United states into world power status?He pushed the United States in the World power status because he controlled the majority of the oil of the world. At his time oil made the world go around because that was how lights in you house were powered, or how your car started to get to work. It ran the United States.


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