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9. what were some of the consequences (positive or negative) of rockefe…

Question

  1. what were some of the consequences (positive or negative) of rockefeller’s control over the oil industry for the average american?

Explanation:

Brief Explanations

Positive consequences included more efficient production and lower - cost oil products for consumers due to economies of scale in Rockefeller's integrated operations. Negative ones were the reduction of competition which could lead to potential price - fixing in the long run, and limited consumer choice as smaller competitors were driven out.

Answer:

Positive: Lower - cost oil products from efficiency. Negative: Reduced competition and limited choice.