Monopolies
Updated: 2/13/2020
Monopolies

Storyboard Text

  • 1839
  • Why have competition when you can buy out all of the competing Oil Companies to make one large Standard Oil Company?
  • JOHN D. ROCKEFELLER
  • hmmmm I like the look of this train... Ill buy it
  • If I want to have a lot of power and take over all of the iron industry I should just own all of the means of productions so I can control ALL ASPECTS OF IRON
  • 1865
  • ANDREW CARNEGIE
  • PG&E
  • 200's
  • We supply all the energy in California to the point where it's hard for people to find alternatives. Now our business is huge since there is no competition.