John D. Rockefeller: An American Activist

The great American economy consist of four main industries which was Railroads, Money, Oil, and Steel. The oil industry was really fundamental to the great economy because it was the birth of John D. Rockefeller, which he owe mostly all the oil in the United Sates. John D. Rockefeller was famous for his oil industry. He became rich by being the only one selling oil, he was worth bill gates times 2. The oil company was worth a lot because there were no competitors, it was a monopoly. He mange to make people do things they didn’t want to do, he establishes a love and hate relationship with people. Throughout his monopoly in the oil industry, John D. Rockefeller ruin a lot people such as the Tarbell family. Ida Tarbell was a writer, and her family was ruin by the famous person Rockefeller. Ida Tarbell wrote a series of articles where she exposed the standard oil company of Rockefeller. The articles that Ida Tarbell wrote is where she exposed Rockefeller was the precursor of Corporate Social responsibility theory. Corporate Social Responsibility theory is the duty a corporation to create wealth in ways of harm to, protect, or enhance social assets, which is the definition given by the professor. In the 21st century there is still a monopoly, but the articles that Ida Tarbell wrote were an eye opener for the people, it gave protection of the business, and it brought attention to the government that it is okay to intervene.

I think that the most interesting, or important event on the Timeline was John D Rockefeller's Standard oil company becoming the nation’s first trust. I believe this to be an important event because John D Rockefeller built the Standard Oil Company. As the book states, John D Rockefeller did not like competition so he would absorb or destroy any competitors he had. He thought of the best way to run his business, and that was lowering his transportation costs which undercut his competitors. The book states, "By 1879, he controlled 90 percent of the country's oil-refining capacity." in order for everything to run smoothly, and be managed the proper way the company developed a business organization, trust. Trust was new to the business

Rockefeller techniques I found it to be unjustified the way he handles business. Rockefeller in the 1860s and 1870s had a rough competition with producers, refiners, manufactures, brokers, and shippers. It was his need to have power and wealth that led him to take drastic measures to have a prosperous business. Consequently, that meant getting rid of the overwhelming competition in the industry. The destructive strategies he used were unjustified. Some of these methods were illegal and even aggressive. He wanted to acquire monopoly control in the industry which lead to bribing political officials. As well as, hiring spies and with the information that he received he would formulate arsenal of obstruction to eliminate competitors. He was definitely

Andrew Carnegie was like Rockefeller in the way that he came from humble belongings by growing up in a small town in Pennsylvania. He was talented in accounting and reading from an early aged and often went into the homes of the wealthy to read their personal libraries. He started in a low end job,

John Davison Rockefeller was an American industrialist and philanthropist. He was the founder of the Standard

John D. Rockefeller was a man who worked his way to the top almost all on his own and eventually began giving away around half of his company once he became so wealthy. He once was a young man determined to become one of the wealthiest. Started out from the bottom of a company and worked so passionately at what he does to get to where he became rich. He wasn’t interested in oil right away, he sold products during the Civil War to make some cash at first but when he saw a man named Edwin Drake discover oil Rockefeller saw the future all right in front of him. Rockefeller reshaped the oil business with new techniques and ideas and made billions, taking over much smaller companies and adding them to his large empire that he has created for himself.

Born July 8, 1839 John D Rockefeller was born, the son of a traveling salesman named William A Rockefeller. At the age of 14, he and his family moved to Cleveland, Ohio. This began his expedites on a number of small business ventures, and helped him land his first job at the age of 16, as an assistant

He was born in July 8, 1839 in Richard, New York. Even as a child he was into the industrious stuff. he started his life earning money with raising turkeys, selling candy and doing jobs for neighbors. In 1853 John D. Rockefeller and his family moved to Cleveland, Ohio. John D. Rockefeller went to high school and briefly studied bookkeeping at a commercial college. When he turned 16 he started working as a office clark in Cleveland. The job was that he had too sell and ship grain, cole and other materials. In 1864, Rockefeller married Laura Celestia Spelman. Her father was a merchant. In 1865 John D. Rockefeller borrowed money to buy out some of his competitors and take control of the refinery, which became the biggest growing oil Company in Cleveland. In the next few years he partnered up with other businesses and expanded his oil industry even more. In 1870 John D. Rockefeller made the Standard Oil famous with Kerosene. John D. Rockefeller made a monopoly in the oil industry by buying rival refineries and also developing companies for distributing and marketing its products around the globe. In 1882 all of these various companies where brought into Standard Oil Company. And then Standard Oil would be made up of about 90 percent of the companies he took over. He did what ever he could do to make the best profit but one of the best ways he did that was he shut down all of his

Rockefeller and Carnegie had similar backgrounds. Carnegie was a Scottish immigrant. Being an immigrant, he started off with little money. Rockefeller, while he was born and raised in the United States, came from a poor family, as his father was an often struggling peddler, and his mother stayed at home to raise the six children of the family. Both of them began working while they were struggling to make ends meet, but ended as two of the richest men in America.

John D. Rockefeller became one of the richest men in America in his time due to his top position in Standard Oil and the monopoly he created. Rockefeller was born in Richford, New York and moved to Ohio at 14 years old. Unafraid of work the, the young 20 year old thrived at his job and by the end of the year made $450,000. In the early 1860s, Rockefeller sensed an opportunity in the oil business. Cornelius Vanderbilt called Rockefeller up, thinking he could take advantage of the newly built business man. Though Vanderbilt was tough, Rockefeller was ruthless. Rockefeller was supposed to be on a train to meet Vanderbilt one morning, but was running late and missed it which spared his life because the train fell off its tracks. Rockefeller was a new man and felt as though God was on his side. Rockefeller realized the success in the oil business and how much people like Vanderbilt needed his oil and took it to his advantage.

Progressivism was a social movement before it was a political movement. The words that best exemplify this are by John D. Rockefeller whom stated that, “Failures which a man makes in his life are due almost always to some defect in his personality, some weakness of body, mind, or character, will, or temperament.” This statement will eventually lead to become an ironic statement for the middle-class workers of the 19th century. It seemed to echo in the minds of many as people would watch the rich leave behind frugality, self-discipline, and charity within their separate lives full of care-free, enticing enjoyment. It would seem that the beginning of the Progressive era began with John D. Rockefeller and his “observation” of the causes of human

John D. Rockefeller, Sr. was born July 8, 1839 in Richford, New York. John grew up the second of six children. His mother Eliza Davidson was a devout Baptist and homemaker, while his father William Avery Rockefeller was a lumberman who decided later to become a traveling salesman. His father, though rarely around, had taught his sons a valuable lesson at an early age. "Trade dishes for platters." Through boyhood John grew up raising turkeys, selling candy, and eventually moved on to loaning money to neighbors. After high school John went through a 10 week business course for bookkeeping at Folsom's Commercial College. It was here he learned most of the skills it would require to run the nation's largest monopoly.

A: Well, to start off, I was born in Richford, New York. Later as a kid when I was fourteen years old, I moved with my family to Cleveland, Ohio. I began some small business ventures when I was sixteen. My first real office job was an assistant bookkeeper with Hewitt and Turtle. Then, at age 20, I worked as a commission merchant in hay, meats and other goods with a business partner.

One positive effect of John D. Rockefeller was that he donated huge amounts of money to various institutions. During his life, Rockefeller donated 540 million dollars. Most of his donations were given after leaving Standard Oil, the oil company that he founded, that quickly became the largest oil factory in the world. He donated to churches, colleges, and to hospitals. Rockefeller’s son, Frederick Gates, who appointed by Rockefeller himself, was put in charge of giving out these donations. These donations helped many people and also made America a better

Rockefeller. Carnegie sold his steel business to the United States Steel Corporation which made him extremely wealthy. Being a very generous and charitable man, he donated all of his profits to organizations and people who needed the money more than he did. Carnegie drew his ideas from social Darwinism, based on the Scientific works of Charles Darwin and natural selection or “survival of the fittest.” Rockefeller founded the Standard Oil Company. He became easily one of the wealthiest men in the world and also a major philanthropist .Both Carnegie and Rockefeller donated much of their wealth to educational, scientific, and religious organizations.