Past Monopolies
True or False? All of these were monopolized
Railroads,steel industry, tobacco industry, and oil industry
True
Is Coca Cola a monopoly T or F
False, coca cola is not a monopoly
Does this family still have an affect on society today?
Yes, they focus on philanthropy and give away more than a billion dollars to schools in chicago.
True or False
Robber Barons are a thing of the past and don't exist anymore due to laws
False, Robber barons are still a thing and many of the big companies have Robber Barons.
Was the Roman Empire a monopoly?
They were a monarchy 500 bce!
yes, they can control how high or low the prices are
Was John D. Rockefeller a billionare?
True or False?
Did Robber Baron's care about their employees
False
was Tesla a monopoly?
yes, they were the main electric vehicle company and were sued for being a monopoly. Now, there are multiple electric car companies.
Was Apple a Monopoly?
Yes in fact
what percent of the oil industry did Rockefeller own?
a. 55%
b.70%
c.90%
d.98%
C. 90% of the oil industry was controlled by Rockefeller
who is a Robber Baron?
1.Elon Musk
2.Jeff Bezos
3.Mark Zuckerberg
4. All of the above
4. all of the above
they are all Robber Barons
Was there a monopoly for cigarettes and tobacco?
Yes, the American Tobacco company had a monopoly over the smoking industry
how much money did Rockefeller roughly have?
(adjusted to 2024)
100 million?
15 billion?
400 billion ?
100k ?
he had around 400 billion dollars
What is a Robber Baron?
A. President
B. wealthy industrialists
C. actors
B. Wealthy industrialists
Biggest momopoly in history?
Standard Oil Company
are there Insurance companies that are monopolies?
Yes, in some states, there are only one insurance company that controls the insurance market.
What company was Rockefeller?
Standard oil company.
Who was not a Robber Baron?
A. John D. Rockefeller
B. JP Morgan
C. Andrew Carnegie
D. Obama
D. OBAMA!!!