1.
What were the two most popular magazines in
America 1902?
McClure’s and Munsey’s Magazines
2.
Who was Mark Twain? How did he become
involved in Ida Tarbell’s investigation of Standard Oil?
Twain was a very famous writer and an icon, you may know him from his book “
The Adventures of Tom Sawyer”. He became involved because he was asked to
discover what Tarbell was going to write about. He figured out it was about
standard oil
3.
Why did Ida Tarbell pray not to get married?
All she wanted was just freedom. She couldn't bear to live with a man who put
limitations on her
4.
Who were the suffragettes? How did they
influence Ida?
An organization of woman who wanted the right of vote. With them she was
introduced to a possible new way of seeing woman, the way of equality between
man & woman
5.
What was the most important thing in John
Rockefeller’s life?
First his family and then the company, he wanted to have everything!
6.
What is a rebate?
What you pay comes back to you, a refund
7.
How did the railways give preferential treatment to Standard Oil?
8. What
is the difference between crude and refined oil?
Crude oil is a mixture of natural products, it also has a lower price, while refined oil is way more processed and has very useful derivations.
9. Did standard Oil practice horizontal
integration, vertical integration, or both?
In my opinion Standard oil
practiced both. Vertical because he didn’t just had as his
property the
refinery, but had many others and Horizontal simply because he did what he said
about buying ALL refineries
10. Ida
Tarbell summarized Rockefeller’s goal: “Controlling all refineries, I shall
be the only shipper of oil. Being the only shipper, I can obtain special rates
of transportation which will drive out and keep out competitors; controlling
all refineries, I shall be the only buyer, and can regulate the price of crude
[oil] as I can the price of refined.” If Rockefeller controlled the
entire market for oil, what would he have?
Obviously, a complete monopoly!!
11. What
did Ida Tarbell have to say about “The Legitimate Greatness of Standard Oil”
Ida approved it and recognized it
12. What
percentages of the nation’s oil business did Rockefeller control by 1879?
90%
13. What
are muckrakers?
Were American journalists who often investigate and wrote about social issues. They
were also often accused of communism
14. What
law did the U.S. Government use to sue Standard Oil?
Sherman Antitrust Act
15. What
did the U.S. Supreme Court eventually decide in that lawsuit?
They decided to force the company to break up
16. What
did Rockefeller’s son John Rockefeller, Jr. do with his money?
He gave to charity all the money his father had
17.
What happened when John Rockefeller, Jr. and
Ida Tarbell met at the conference?
Both acted casually and naturally, like if nothing happened
"Imagination is the only key to the future. Without it none exists, with it all things are." - Ida Tarbell
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