Big Business post civil war

By Harley Rushing


Companies would become corporations. These corporations would have stocks where the public could invest into the corporation. The people that had stocks in these corporation were share holders
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John D. Rockefeller

John D. Rockefeller was born in 1839 in Richford NY

In 1865 Rockefeller founded and owned the Standard Oil company.

He built his oil empire by Horizontal integration.

He increased his control of the oil company by trust with other companies.

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In 1890 congress passed the Sherman Antitrust Act that outlawed monopoly. However the law did not define a monopoly