Asked by William Burgan on Jun 09, 2024
Verified
The FIRST trust in the United States was established by _____ in the _____ industry.
A) AT&T;communications
B) Walt Disney;entertainment
C) Amtrak;transportation
D) Standard Oil;petroleum
Standard Oil
A major American company founded by John D. Rockefeller and associates, dominating the oil industry and later broken up due to antitrust laws.
Petroleum Industry
The sector involved in the exploration, extraction, refining, transportation, and marketing of petroleum products.
- Understand the historical development of antitrust policies and their application to key industry cases.
Verified Answer
DJ
Dorian J. HairstonJun 09, 2024
Final Answer :
D
Explanation :
The first trust in the United States was established by Standard Oil in the petroleum industry.
Learning Objectives
- Understand the historical development of antitrust policies and their application to key industry cases.
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