Understanding the Rise of Industry: Rockefeller and the American Economy
About This Worksheet
This worksheet provides reading comprehension activities focused on John D. Rockefeller's role in the rise of industry during American history. It aims to develop understanding of key concepts, analysis skills, and historical perspectives.
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Understanding the Rise of Industry: Rockefeller and the American Economy
Untitled Worksheet
Introduction to Rockefeller and the Rise of Industry
Source A: Excerpt from a historical biography
'John D. Rockefeller was a pivotal figure in the rise of American industry. His development of the Standard Oil Company revolutionized the oil industry and contributed significantly to America's economic growth during the late 19th and early 20th centuries.'
Provenance: Published biography of Rockefeller, 1920.
Methods Used by Rockefeller
Source B: Excerpt from a business historian
'Rockefeller employed both innovative management strategies and aggressive tactics like rebates and buyouts to dominate the oil industry. These methods allowed him to control the market and eliminate competition.'
Provenance: A scholarly article on business practices of industrialists, 2005.
Public Opinion and Legislation
Source C: Editorial from a newspaper
'The rise of monopolies like Standard Oil threatens free competition and fair business practices. Government should intervene to protect consumers and small businesses.'
Provenance: Editorial published in a major newspaper, 1900.
Impact of Rockefeller on American Society
Source D: Social commentator
'Rockefeller's immense wealth and business methods led to widespread debate about the ethics of capitalism and the power of big business in America.'
Provenance: Social commentary article, 1910.
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Details
- Created
- 1/1/2026
- Updated
- 1/1/2026
- Type
- worksheet