1. Home
  2. / Amasa Stone
  3. / Did Stone play a critical role in helping Standard Oil form a monopoly?

Did Stone play a critical role in helping Standard Oil form a monopoly?

  • Yes

  • No

Answer

Yes, Stone was instrumental in helping Standard Oil achieve its monopoly. Through his skillful negotiations, he secured favorable deals with railroads, giving Standard Oil a significant advantage over its competitors. Additionally, his acquisition of various oil companies allowed Standard Oil to control a substantial portion of the oil refining and transportation industries, further solidifying its dominance in the market.
The Rise and Legacy of Amasa Stone: An Industrialist Extraordinaire Quiz

The Rise and Legacy of Amasa Stone: An Industrialist Extraordinaire Quiz

Take the Amasa Stone Quiz
Subscribe newsletter

Subscribe Now!

Learn something
new everyday

Playing quizzes is free! We send 1 quiz every week to your inbox