The Industrial Revolution : The Iron Company Known As Standard Oil Co. Inc.

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Mitchell Hollis 5/28/15 Honors D Term Paper Final

During the latter half of the nineteenth century, following the immense development in technology known as the Industrial Revolution, the company known as Standard Oil Co. Inc., and its head, John D. Rockefeller, Sr., grew to become, arguably, the most powerful symbol of capitalism in the United States of America. At the top of the nation’s industrial hierarchy was the mysterious, controversial figure held in contempt by millions of Americans in his greatest years. A thief, monster, and a number of other hateful names were given to the brilliant, sly mind monopolizing the oil industry, as Rockefeller and Standard Oil and sat leagues above the common man in
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Rockefeller’s success with Standard Oil, furthermore, left a stronger positive impact on United States industry than negative. Amidst the court cases and accusations of bitter historians, the success of the business venture led to the success of industry and acted as a future inspiration for capitalist business for the future.

Before Standard Oil came to fruition, however, various circumstances surrounding John D. Rockefeller Sr, and his growth as a businessman took place to influence his success. Born on July 8th, 1839, to parents William Rockefeller-- a deceptive, dishonest yet charming criminal-- and Eliza Davison-- a witty and strong-willed lady-- John D. was from his very origin an unusual child, forged in the marriage between polar opposites, whom he unsurprisingly resembles. In this household Rockefeller was primarily under the jurisdiction of his mother. Eliza’s bearing in the household led to significant Baptist influence on Rockefeller’s life. His father practiced a secret bigamist lifestyle and as such was absent from the house for a great amount of time. Rockefeller lived in a few locations during boyhood, including Moravia and Owego, New York, where in 1851 he attended Owego Academy, and Strongsville, Ohio, where in 1853 he attended Cleveland’s Central High School. Because of his father’s vacancy, however, John D. was unable to continue to a full education in college as intended; he instead studied bookkeeping for three months at E.G. Folsom’s
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