What corporation did Rockefeller form in 1947?
Standard Oil Corporation
Rockefeller Corporation
International Basic Economy Corporation
American Corporate Union
Answer
The International Basic Economy Corporation was formed in 1947 by Nelson Rockefeller, an American businessman and philanthropist. The corporation was designed to help developing countries establish and develop basic industries. It worked with governments and private businesses to develop projects in agriculture, forestry, mining, manufacturing, and transportation. The IBEC was active in Latin America, Africa, and Asia, and helped to establish a number of successful businesses.
The Rockefeller Chronicles: Exploring the Life of Nelson Rockefeller
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