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Corporate Development During The Industrial Revolution
Beginning of essay
The Standard Oil Company founded by John D. Rockefeller and the U.S. Steel
Company founded by Andrew Carnegie. The Standard Oil Company and U.S. Steel
Company were made successful in different ways due to the actions of their
different owners. The companies differed in their labor relations, ....
Middle of essay ....he nucleus of the great trust that was
formed. Rockefeller showed little mercy. He believed primitive savagery
prevailed in the jungle world of business, where only the fittest survived. He
persued the policy of "ruin or rule." Rockefeller's oil monopoly did turn out
a superior product at a relatively cheap price. Rockefeller belived in
ruthless business, Carnegie didn't, yet they both had the most successful
companies in their industries. (The American Pageant, pages 515-518)
Rocke.... |
Number of words: 595 |
Approximate pages: 3 |
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