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  • 22-10-2019
  • History
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How did robber barons (like John D. Rockefeller) impact businesses?

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  • 22-10-2019

Answer:

Rockefeller demanded rebates, or discounted rates, from the railroads. He used all these methods to reduce the price of oil to his consumers. His profits soared and his competitors were crushed one by one. Rockefeller forced smaller companies to surrender their stock to his control.

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