John D. Rockefeller

John D. Rockefeller
Introduction John D. Rockefeller was born on July 8, 1839, and has had a huge impact on the course of American history. His reputation spans from
being a ruthlessly powerful businessman to an intelligent philanthropist. He came from a family with not much and lived the American dream, rising to
success with his own genius, all by himself. His legacy is unforgettable, gaining the greatest wealth of anyone in history. Rockefeller's influence on
America has been both a positive and a negative one. He revolutionized the petroleum industry and donated huge amounts of money to various
institutions. Although Rockefeller had many positive effects to this country, he also had many negative ones as well, such as gaining his wealth by
creating an illegitimate monopoly that often grew by using illegal methods, by giving American's (and the rest of the world) a reason to dislike
capitalism, and by damaging small businesses. Part 1
One positive effect of John D. Rockefeller was that he donated huge amounts of money to various institutions. During his life, Rockefeller donated
540 million dollars. Most of his donations were given after leaving Standard Oil, the oil company that he founded, that quickly became the largest oil
factory in the world. He donated to churches, colleges, and to hospitals. Rockefeller's son, Frederick Gates, who appointed by Rockefeller himself,
was put in charge of giving out these donations. These donations helped many people and also made America a better
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John D Rockefeller Essay
John D. Rockefeller I am writing about John D. Rockefeller. I am going to go into detail about what he did to build an empire. Also What he
invented during his younger years also who he partnered up with. I am also going to talk about what he created. Also we are going to go into how
he built America. He was born in July 8, 1839 in Richard, New York. Even as a child he was into the industrious stuff. he started his life earning
money with raising turkeys, selling candy and doing jobs for neighbors. In 1853 John D. Rockefeller and his family moved to Cleveland, Ohio. John
D. Rockefeller went to high school and briefly studied bookkeeping at a commercial college. When he turned 16 he started working as a office
clark in Cleveland. The job was that he had too sell and ship grain, cole and other materials. In 1864, Rockefeller married Laura Celestia Spelman.
Her father was a merchant. In 1865 John D. Rockefeller borrowed money to buy out some of his competitors and take control of the refinery, which
became the biggest growing oil Company in Cleveland. In the next few years he partnered up with other businesses and expanded his oil industry even
more. In 1870 John D. Rockefeller made the Standard Oil famous with Kerosene. John D. Rockefeller made a monopoly in the oil industry by
buying rival refineries and also developing companies for distributing and marketing its products around the globe. In 1882 all of these various
companies where brought into Standard Oil Company. And then Standard Oil would be made up of about 90 percent of the companies he took over.
He did what ever he could do to make the best profit but one of the best ways he did that was he shut down all of his...show more content...
Rockefeller. He became one of the first or the first person to ever become a billion and the first person to create a monopoly. Like I said a little up he
was the one who shaped America. Also he made the best light source at the time. And he made it

John D. Rockefeller Vs. Thomas Edison
John D. Rockefeller Versus Thomas Edison In 1863, John D. Rockefeller (1839–1937) entered the oil business in Cleveland, Ohio and became one of
the world's wealthiest men by being the founder of the Standard Oil Company. Standard Oil was a major source of income in the late 1800's, taking
up a large percentage of the United States refineries. It eventually became the largest oil refinery in the world. But in 1911, U.S. Supreme Court ruled
that the company was not legal due to violations of laws. The Standard Oil Company was classified as a monopoly because it was the only supplier of
oil, and there were not any substitutes for this good. Just as Rockefeller created and founded the Standard Oil Co., Thomas Edison created thousands
inventions that have greatly helped the United States and other countries all around the world. Edison (1847–1931) was a well known inventor and
businessman. One of the most well known inventions by Edison was the incandescent light bulb, which produces light by heating a wire with
electricity. He also created the movie camera, phonograph and vote recorder which are just to name a few of the thousands of patents Edison had
on his inventions. Rockefeller was born in Richford, New York and went to high school at Cleveland Central High School, where he studied
bookkeeping. He went on to working as an office clerk at the age of 16. Likewise, Edison began working at the young age of 12 where he sold
newspapers. He eventually went on to publishing his

How Did John D Rockefeller Change The Economy
The United States has come to be known as a major world superpower throughout history. One of the main parts of America that has contributed to its
renowned strength has been its economy. The United State's economy has been growing ever since it began. Credit for its strength and progress in
development can be attributed to the financial geniuses of their time. John D. Rockefeller became an economical giant during his time when he changed
the face of business by developing ground–breaking new strategies to ensure financial success. Rockefeller dramatically changed the business field
during The Gilded Age. He did so through the use of his social Darwinistic philosophy of capitalism, inclusion of vertical and horizontal integration,
...show more content...
By establishing these set shipping rates with the railroad companies, it not only made it impossible for his competitors to stay in business, but it also
allowed Rockefeller to establish a strong relationship with a key method of transportation for shipping products (Biography). By establishing a strong
relationship with the railroad companies, Rockefeller was able to use his successful business practice to "control over 90 percent of the nation's
oil–refining industry by 1880" (The New Tycoons). As time continued on and his business became more successful, he also applied another clever
business strategy known as vertical integration. This process consisted of a company purchasing and controlling each and every step of one's
industry production process. Rockefeller's company used this process very efficiently as they "became known to manipulate crude oil prices to drive
refineries to bankruptcy, allowing him to buy them cheaply" (Epstein). By controlling each production step, he was able to minimize costs by
removing any companies from the middle that were previously completing steps on the way to the finish product. Rockefeller was also known to
manipulate prices of crude oil in order to drive his competing refineries into bankruptcy which allowed him to buy them cheaply (Epstein). However,
his economic beliefs and ideas were not the only strategies which John Rockefeller used to elevate his business and personal profile to a national level
and

Essay On John D Rockefeller
In 1870 Rockefeller and a few other people incorporated the Standard Oil Company. Also in 1870 Rockefeller became the president for this
company. He also gained monopoly of it. So what he did was he would pay for all of the companies in New York but later on the government said that
he couldn't have all of those companies. After that shut down in 1881 he tried again in 1899 but the same outcome with the government (John Davison
Rockefeller, 1995). The government played a huge role in Rockefeller's career. He also was known for his monopoly over his businesses. Also he had
a thinking that everyone is wrong and he was always right ( The Men Who Built America,
John D. Rockefeller had to face many setbacks. He had some minor setbacks but he had plenty of major setbacks. One of the minor setbacks was the
government shutting down his business twice. But his major setback was when Edison and Tesla made the first lightbulb. This was so huge for him
because this meant that the lightbulb would shut down his oil/candle company. So many people thought that the light bulb was so good so Rockefeller
had to do something. So what he did was he tried was to make the light bulb look...show more content...
Rockefeller made a huge footprint in the world. Just like the setbacks he made some minor and some major footprints. One of the minor footprints was
he was one of the most rich people of his time plus he was also one of the only people to ever gain monopoly off of buying/shutting down other
businesses. But then the major footprints are sabotaging the light bulb in its early stages which attacked his business and the light bulb business. Plus
he made the first trust (monopoly) in history of the USA. With that trust the court and government became suspicious about his actions. Another major
footprint was that he made one of the most well worked companies that still exist today, his company turned into two major ones they are Exxon and
Mobil that soonly moved together to make

Leadership of John D Rockeffeller Essay examples
What makes John D. Rockefeller an effective leader?
In his decades of business, one of the key characteristics that propelled Rockefeller to success was his strong leadership abilities. It wasn't his status,
nor his age that made Rockefeller a great leader. Instead, it was his influence. People around him wanted to follow him; they were inspired by him to
do more than they ever thought they were capable of. It was his ability to create a strong sense of teamwork and his own energy and passion that drove
his workers and thus his company.
We can say he was a leader according to the leadership framework: Be, Know, Do:
– he was a real professional who possessed good character traits (like competence and dignity of labour) and above...show more content...
That led the Standard Oil Company to the wealthy situation that we know.
How did Rockefeller lead his company?
Even if Rockefeller seemed to be very close to his employees and tended to show respect to them, his way to lead his company was totally different.
Standard Oil employed a number of cutthroat business practices such as:
Monopolization В— Rockefeller is remembered for buying up all of the components needed for the manufacture of oil barrels in order to prohibit his
competitors from getting their product on the market.
He realized that by controlling the refining process, he was the master of the whole industry, and worked from that point on to a vertical concentration
to the whole industry, taking over every stage of production, from extraction to retail, including transport, research, marketing and even the manufacture
of barrels. At its peak, the Standard Oil owned not only all the infrastructures necessary to the making of refined oil, but also pipelines, cars, tankers,
groceries. By this way, he managed to get the monopole of the oil market in almost the country.
Rate Wars В— the giant Standard Oil was able to withstand short term losses by cutting the price of oil thanks to a huge economy of scales allowed
by the size of the Rockefeller's company. Smaller competitors could not keep pace and either went out of business or sold out to Rockefeller

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John D. Rockefeller as a Robber Baron Essay
John D. Rockefeller as a Robber Baron A "robber baron" was someone who employed any means necessary to enrich themselves at the expense of
their competitors. Did John D. Rockefeller fall into that category or was he one of the "captains of industry", whose shrewd and innovative leadership
brought order out of industrial chaos and generated great fortunes that enriched the public welfare through the workings of various philanthropic
agencies that these leaders established? In the early 1860s Rockefeller was the founder of the Standard Oil Company, who came to epitomize both the
success and excess of corporate capitalism. His company was based in northwestern Pennsylvania. A major question historians have disagreed on has
been whether...show more content...
John D. Rockefeller and his comrades had stolen a long march on their 3 opponents, their tactics shaped themselves already as giant industrialists of
the future conquering the pigmies. Josephson said, "Entrenched at the narrows of the mighty river of petroleum, they could no more be dislodged
than those other barons, who had planted their castles along the Rhine"(Taking Sides 35). Ralph W. Hidey and Muriel E. Hidey disagreed with
Josephson. In the book Taking Sides, They believe that John D. Rockefeller and his associates created and applied a system for operating a large
integrated industrial enterprise, which was one of the earliest representatives of Big Business. He contributed to the development of American
petroleum industry and through it to the growth of the economy. The Hidey's believed that Rockefeller's greatest contribution, beyond the concept of
Standard Oil combination itself, was the persuasion of strong men to join the alliance and to work together effectively in its management. Oil policies
went deep into the personalities and early experiences of Rockefeller and his colleagues. They had heightened uncertainty and speculation about their
activities by their secrecy in building the alliance and by their evasive and legal testimony on the witness stand. There tended to be aroused antagonism
because the very

John D. Rockefeller: Well-Known Family Empire
John D. Rockefeller The Rockefeller name is so common these days that many of the youth say it without really even knowing what or who they are
talking about. The man responsible for this well–known family empire is John D. Rockefeller. He was born into a modest working class family in
1839. He dropped out of high school and spent a few months doing business training and in 1855 got his first job. His strong work ethic got him a
partnership position only 4 short years later. The same year oil was first discovered. It was then that Rockefeller was instantly drawn to the oil
business. In 1870 he joined his brother and others to cofound the Standard Oil Company. Rockefeller was a devout Baptist in church every Sunday and a
determined business

John D. Rockefeller: The American Dream
Is the American dream attainable or unattainable? The American dream is Attainable. According to these famous people that went through hard
work,success, and faith accordingly to get where they are now, they would agree. Hard Work: John D. Rockefeller John D. Rockefeller is an
example of someone who worked hard to achieve the American dream (Mont). One of six children, he had a tough childhood, but made it to become
america's first business superstar (Mont). When he was sixteen he helped support his family and loaned his neighbors meager savings (Mont). He and
his brother entered the oil business, then the one they started to become known as standard oil (Mont). He accounted for nearly 10% of the nation's
GDP and made him the wealthiest

John D Rockefeller Executive Summary
John D. Rockefeller, was an accountant, constructed a syndication over the oil business in under ten years and moved request to a confused
fundamental industry. When he entered the oil business, it was an industry subject to savage jags underway and costs. Each discovery of a new
oilfield led to rapid overproduction by wealth seeking adventurers. Yet, constantly markets were soon glutted, costs given way, and makers became
bankrupt. Rockefeller's sensibilities were repelled by this issue. He perceived that control, and request, could be accomplished by overwhelming a
solitary bottleneck in the creation process. He started to procure refineries. In 1868, when he framed Standard Oil, the organization was only one of
thirty oil refining organizations in Cleveland, handling just five percent of the country's aggregate oil. Throughout the following decade, Rockefeller
assembled his cultivating so as to impose business model particular treatment from the railways that pulled his item. He arranged mystery contracts
in which he utilized his developing piece of the pie for lower transportation rates. These discounts empowered him to ship oil at a lower expense,
selling so as to permit him to undermine his rivals at a lower cost. In any case, refunds were only the initial phase in his plan. As his offer...show more
content...
By controlling this basic bottleneck in the creation process, he had built up a virtual imposing business model over the whole business. With each
drop of the nation's oil coursing through his refineries, he found himself able to shape value structures and creation choices at each other period of the
procedure, from the oil wells to purchasers' homes. His system for controlling one part of the creation procedure marked even incorporation was soon
imitated by different industrialists additionally on edge to kill their rivals and to bring a comparative solidness to their

Essay on John D. Rockefeller
Jessica M. Hintermeister
American History
Louisa Garry
Due: Thursday, March 15, 2001 The Rockefellers feared the temptations of wealth, yet a visitor once described their estate as the kind of place God
would have built if only he'd had the money. They amassed a fortune that outraged a Democratic nation, then gave it all away reshaping America. They
were the closest thing the country had to a royal family, but the Rockefellers shunned the public eye. For decades, the Rockefeller name was despised
in America, associated with John D. Rockefeller Sr.'s feared monopoly,Standard Oil. By the end of his life, Rockefeller had given away half of his
fortune. But even his vast philanthropy could not erase the memory of his predatory...show more content...
Oil was being used to grease the wheels of America's infant industries, to fuel the expansion of growth. Rockefeller lamented that so many wells were
flowing that the price of oil kept falling yet everyone went right on drilling. He saw an industry plagued from overproduction and his own success was
being threatened by ruinness cut throat competition. John D. was shrewd enough and he was analytical enough that he realized that in order to figure
out a way to save his own firm and his own newly–won fortune, that he had to figure out a solution for the entire industry. It was at that point that John
D. began to conceive of the oil industry as one big interrelated mechanism. And you couldn't just change one component, you had to control the entire
machine.
In a move that would transform the American economy, Rockefeller set out to replace a world of independent oilmen with a giant company
controlled by him. In l870, begging bankers for more loans, he formed Standard Oil of Ohio. The next year, he quietly put what he called "our plan"
–– his campaign to dominate the volatile oil industry – into devastating effect. Rockefeller knew that the refiner with the lowest transportation cost
could bring rivals to their knees. He entered into a secret alliance with the railroads called the South Improvement Company. In exchange for large,
regular shipments, Rockefeller and his allies secured transport rates far

The 2nd Industrial Revolution was a period in time where breakthroughs of inventions were further based off of science and engineering. Certain
innovations included the use of oil, the production of steel, and the construction of railroads. The time the United States faced this transformation was
roughly between 1870s through the 1914s. Three important and influential men that played major roles during this stage were John D. Rockefeller,
Andrew Carnegie, and Cornelius Vanderbilt. The time period was changed immensely by these men.
John D. Rockefeller owned Standard Oil. He used integration that was both horizontal and vertical in order to obtain control of the oil industry.
Standard Oil developed companies that marketed and distributed its products and creations and also bought refineries that were rivals. Standard Oil
became a trust given the fact that they forced smaller companies to surrender. During the beginning of Standard Oil, the reason for its success was
because of the favorable industry and economic conditions and because of Rockefeller's desire and drive to streamline the company's operations. Even
though Standard Oil provided the public with jobs, John D. Rockefeller's impact on this revolution was not too positive. The people and Congress
eventually noticed and...show more content...
He used vertical integration to dominate the steel industry. During the late 1800s, the Carnegie Steel Company was most profitable industrial enterprise
in the world. Even though Carnegie did not invent steel and the processes that he used were brought over from other places of the world, including
Europe, it is an exceptional popular opinion that Carnegie invented the American Steel Industry. Carnegie was able to create steel at a fair price which
was beneficial to America at the time. Countless bridges and buildings were capable of being constructed. This behooved the people in that it led to an
economic boom which allowed more jobs

The American Dream By John D. Rockefeller Essay
Americans Dream Big
America is known as the land of opportunities where even a person with an impoverished background can live the American Dream. The fancy cars,
huge mansions, top fashion clothes, and luxurious trips don't come easy. In order to achieve financial success you must work hard, overcome
unforeseen hardships, and be "hungry" enough for it.
Many ordinary people have managed to be become extraordinary. It's quite inspiring to know that from a person who was once homeless to a
struggling paycheck to paycheck person are now one of the wealthiest Americans.
The following people managed to live The American Dream despite their limited financial capabilities and the numerous obstacles they endured. One of
the first most successful business mogul, Jonny Rockefeller achieved tremendous financial success. "The New Tycoons: John D. Rockefeller" He
became one of America's first billionaire. As a capitalist his goal was to make money. He envisioned himself as one of the richest person in America.
Becoming a billionaire wasn't something that was handed to him on a silver platter. "10 People Living the American Dream" Growing up he was one
of six children. His mother raised him mostly single–handedly. He held various jobs to help support his family. Eventually his brother and him ventured
in the oil business and monopolized the industry.
"10 People Living the American Dream" CEO, John Paul Dejoria, co–founder of the John Paul Mitchell Systems, draws in nearly $900 million

John D. Rockefeller Essay
The Rockefellers feared the temptations of wealth, yet a visitor once described their estate as the kind of place God would have built if only he'd had
the money. They amassed a fortune that outraged a Democratic nation, then gave it all away reshaping America. They were the closest thing the
country had to a royal family, but the Rockefellers shunned the public eye. For decades, the Rockefeller name was despised in America, associated
with John D. Rockefeller Sr.'s feared monopoly, Standard Oil. By the end of his life, Rockefeller had given away half of his fortune. But even his vast
philanthropy could not erase the memory of his predatory business practices. Who was Rockefeller? Was he a ruthless businessman who only wanted to
It was at that point that John D. began to conceive of the oil industry as one big interrelated mechanism. And you couldn't just change one component,
you had to control the entire machine.
In a move that would transform the American economy, Rockefeller set out to replace a world of independent oilmen with a giant company
controlled by him. In l870, begging bankers for more loans, he formed Standard Oil of Ohio. The next year, he quietly put what he called "our plan"
–– his campaign to dominate the volatile oil industry – into devastating effect. Rockefeller knew that the refiner with the lowest transportation cost
could bring rivals to their knees. He entered into a secret alliance with the railroads called the South Improvement Company. In exchange for large,
regular shipments, Rockefeller and his allies secured transport rates far lower than those of their bewildered competitors. John D. Rockefeller said,
"The day of combination is here to stay. Individualism is gone forever, never to return" (Hawke 128).
Their great business capacity would have insure the managers of the Standard Oil Company success, but the means by which they achieved monopoly
was by conspiracy with the railroads. John D. Rockefeller killed his rivals by getting the great Railroad lines to refuse to give them transportation.
Multimillionaire

John D. Rockefeller
John D. Rockefeller, born on July 8, 1839, has had a huge impact on the course of American history, his reputation spans from being a ruthless
businessperson to a thoughtful philanthropist (Tarbell 41). He came from a family with not much and lived the American dream, rising to success
through his own wit and cunning, riding on the backs of none. His legacy is huge, amassing the greatest private wealth of any American in history.
Rockefeller's influence on our country has been both a positive and a negative one, he donated huge sums of money to various public institutions and
revolutionized the petroleum industry. Along with all the positives to the country, Rockefeller also had many negative affects as well, including, by
gaining his...show more content...
After the Flexner report was released, which was an investigation into medical education, sponsored by Andrew Carneigne, Rockefeller funded
improvements that were suggested by the report (Beck 2004). In 1909 Rockefeller founded the Rockefeller Sanitary Commission,the commission was
a large player in the eradication of hookworm from the South by 1927 (Poole 2000). Thanks to the commission and Rockefeller, the life expectancy of
those living in the South rose dramatically.
Furthermore, Rockefeller revolutionized the petroleum industry through his career. He found a way to effectively use horizontal and vertical
integration and made gasoline available to the public for very low prices. Through these business techniques Rockefeller not only brought in huge
profits, but also managed to help society by giving them high quality gasoline at an inexpensive rate.
As one of the first successful businesspersons to use vertical and horizontal integration, Rockefeller paved the way for future business models. First
using horizontal integration, he began to buy up other oil refineries. This accumulated in 1878 when he gained control of almost 90 percent of all the
oil refined in the US (Dismantling 2006). After Rockefeller became the largest oil producer in the world, he looked for new ways to save money. He
discovered the best way to do this was by vertical integration. Firstly Rockefeller built permanent refineries to replace the standard temporary

John D. Rockefeller: Captain Of Industry
Captain of Industry John D. Rockefeller is a captain of industry in my opinion he did a lot for his country, first man to get a monopoly, was
nothing became the most powerful man in the country worked hard and clean to get to his position. First, John D. Rockefeller didn't start as
wealthy young boy he was poor growing up sold candy for a living and with every piece of candy he sold, he made money to support his family
because he could not rely on his father because he was conman who left all the time. John D. Rockefeller started to get into the oil business he saw a
lot of potential in oil, he became interponer and saw that oil could make him rich and powerful. In fact , John D.

John D. Rockefeller: The Industrial Revolution
The Industrial Revolution was a period of rapid growth in U.S. manufacturing in the 1800's. It helped America trade, sell things, and it helped the
economy. John D. Rockefeller started the first Standard oil–refining company in 1870. He started in the oil business in 1863, investing in a oil
company in Cleveland,Ohio. John D. Rockefeller was born on July 8, 1839, in Richmond, New York. Growing up, John would sell candy and other
things to make money. At the age of 14, John and his family would move to Cleveland, Ohio. John would receive his first job at the age of 16 for a
company called, Hewitt & Tuttle. He worked as assistant bookkeeper, commission merchants and produce shippers. At the age of 20, John and a
business partner ventured

John D. Rockefeller: Captain Of Industry
From the years 1870–1937 John D. Rockefeller was a Captain of Industry and truly was an example of the idyllic American dream. He by his success
as a Captain of Industry also set a precedent from then on about the way that other Captains of Industries made their wealth and ran their companies as
well. Furthermore, John D. Rockefeller was a Captain of Industry because he built the Standard Oil Company and was a very generous philanthropist.
John D. Rockefeller did generate lots of revenue and create many jobs in the United States but it also can be said that he took advantage of the less
fortunate by paying them less and buying out competing businesses. John D. Rockefeller was a Captain of Industry because he incorporated the
Standard Oil

Determination And Honesty Of John D. Rockefeller
Determination and Honesty As little kids we often grow up with the crazy idea that we are going to be a famous celebrity or something like that.
We won't let anything or anyone deter us from our goal, we are unwaveringly set to be that and will stop at nothing until we grasp that objective. But
with time, and with the many other challenges and setbacks that life brings we stop striving for those goals that we ourselves set so many years ago.
"Success doesn't come from what you do occasionally. It comes from what you do consistently." This saying is getting at one thing, and one thing
only. Determination. When we hear the word we often think of a lot of famous quotes or sayings. Some may even think of people who at first were not
Determination. Determination, is defined as showing effort. It is also defined as a direction or tendency towards a certain end. In the book
Deathwatch by Author Robb White, determination is what helps keep our main character, Ben, alive as he is faced with the harsh conditions of
the desert. "He had to go up. Just that simple. Up." If we are to remain determined we must continue to go up to keep our direction focused on just
one thing. Ben, as we quickly find out is focused on one thing and one thing only and that, is survival. Ben's situation begins when a man that Ben
is being a hunting guide for, purposely shoots an old prospector. When Ben tells the man, whose name is Madec, that they should report the
shooting to the police, Madec becomes very nervous and angry. So much so that he tells Ben that he will pay for Ben to go to college as long as
he does not report the shooting. This situation can be described as determination, because determination does not have to be positive like most
people think. In the book Madec is determined to keep Ben from reporting the "accidental" shooting, he will do anything to keep Ben at bay, even if
it means having to kill him. "Wait a minute, didn't any of you hear what he said? Weren't any of you listening?!" this is said by Ben as he is trying to
defend himself from going to jail due to Madec lying and saying that Ben had shot him because he had gotten angry at Madec for trying to report the
killing

John D. Rockefeller

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John D. Rockefeller