Question

Which was the immediate goal of the Standard Oil Company when it lowered its prices?

(1 point)
Responses

to sell stock to investors
to sell stock to investors

to outcompete rival businesses
to outcompete rival businesses

to form a monopoly
to form a monopoly

to pass on lower costs to customers

Answer 1

Which was the most important effect of the Bessemer process?

(1 point)
Responses

It allowed the production of more steel.
It allowed the production of more steel.

It produced better steel.
It produced better steel.

It made steel cheaper.
It made steel cheaper.

It allowed factory production of steel.

Answer 2

Which was the most important effect of the Bessemer process?

Responses

It allowed the production of more steel.
It allowed the production of more steel. - incorrect

It produced better steel.
It produced better steel. - no response given

It made steel cheaper.
It made steel cheaper. - not selected, this is the correct answer

It allowed factory production of steel.

Answer 3

to outcompete rival businesses

Answer 4

The most important effect of the Bessemer process was that it allowed the production of more steel.