13 John D. Rockefeller used Mergers and Acquisitions of similar companies to control the oil market, this is called what? Vertical Integration Exponential Integration Capital Integration Horizontal Integration

Question
13,14
### Question 13
**John D. Rockefeller used Mergers and Acquisitions of similar companies to control the oil market, this is called what?**

- [ ] Vertical Integration
- [ ] Exponential Integration
- [ ] Capital Integration
- [ ] Horizontal Integration

### Question 14
**Trusts, monopolies, and other forms of capital and industrial control were used by different businesses throughout the Gilded Age. While most "robber barons" or "captains of industry" produced goods, one of these individuals stands out in contrast. J.P. Morgan was an investor and banker, and used money, not industry. How did Morgan see his company and how it interacted in the American Economy?**

- [ ] Morgan noted that while he did control numerous financial assets, that he was a protector of capitalistic monies, and prevented American business from being overtaken by European counterparts and competitors. Thus, he was offering a public service by protecting American corporations and their profits.
- [ ] Morgan argued that his business offered loans and money to those who otherwise would have not access to it. This was public service as it allowed for small business to compete against much larger corporations of the era.
- [ ] Morgan argued this his company brought economic stability and organization in the capitalistic economy. He further argued that his business was more of a public service than simply a corporation.
- [ ] Morgan offered up the idea that his business was a public service as he provided huge sums of money to the Federal government through taxation. This allowed for government systems and programs to be fully funded for the benefit of all Americans.
Transcribed Image Text:### Question 13 **John D. Rockefeller used Mergers and Acquisitions of similar companies to control the oil market, this is called what?** - [ ] Vertical Integration - [ ] Exponential Integration - [ ] Capital Integration - [ ] Horizontal Integration ### Question 14 **Trusts, monopolies, and other forms of capital and industrial control were used by different businesses throughout the Gilded Age. While most "robber barons" or "captains of industry" produced goods, one of these individuals stands out in contrast. J.P. Morgan was an investor and banker, and used money, not industry. How did Morgan see his company and how it interacted in the American Economy?** - [ ] Morgan noted that while he did control numerous financial assets, that he was a protector of capitalistic monies, and prevented American business from being overtaken by European counterparts and competitors. Thus, he was offering a public service by protecting American corporations and their profits. - [ ] Morgan argued that his business offered loans and money to those who otherwise would have not access to it. This was public service as it allowed for small business to compete against much larger corporations of the era. - [ ] Morgan argued this his company brought economic stability and organization in the capitalistic economy. He further argued that his business was more of a public service than simply a corporation. - [ ] Morgan offered up the idea that his business was a public service as he provided huge sums of money to the Federal government through taxation. This allowed for government systems and programs to be fully funded for the benefit of all Americans.
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