how did john d. rockefeller horizontally integrate his monopoly in 1882?\nhe purchased iron mines around the…

how did john d. rockefeller horizontally integrate his monopoly in 1882?\nhe purchased iron mines around the country to add to his business.\nhe created a trust that controlled oil wells, refineries, and distribution networks.\nhe created a trust that controlled ninety percent of the nations oil refineries.\nhe purchased coal plants around the country to add to his business.

how did john d. rockefeller horizontally integrate his monopoly in 1882?\nhe purchased iron mines around the country to add to his business.\nhe created a trust that controlled oil wells, refineries, and distribution networks.\nhe created a trust that controlled ninety percent of the nations oil refineries.\nhe purchased coal plants around the country to add to his business.

Answer

Brief Explanations:

Horizontal integration involves acquiring or merging with competitors in the same industry. Rockefeller's trust controlling 90% of oil refineries (same industry - oil refining) is horizontal integration. Purchasing iron mines/coal plants (different industries) is vertical or conglomerate. Controlling oil wells, refineries, distribution (different stages - vertical).

Answer:

He created a trust that controlled ninety percent of the nation’s oil refineries.