Question

Using evidence from reading one, and reading two, and reading three, write a short paragraph in which you describe the characteristics that helped Rockefeller build his monopoly.

Use at least three pieces of evidence found in the text.
It takes time and caution to perfect anything which must be concealed. It takes time to crush men who are pursuing legitimate trade. But one of Mr. Rockefeller’s most impressive characteristics is patience. There never was a more patient man, or one who could dare more while he waited. The folly of hurrying, the folly of discouragement, for one who would succeed, went hand in hand. Everything must be ready before he acted, but while you wait you must prepare, must think, work. "You must put in, if you would take out." His instinct for the money opportunity in things was amazing, his perception of the value of seizing this or that particular invention, plant, market, was unerring.
Little by little as the public began to realize the compactness and harmony of the Standard organization, the ability of its members, the solidity of the qualities governing its operations, they began to forget its history . . . [T]hey began to accept the Standard’s explanation that the critics were indeed “people with a private grievance,” . . . It looked more and more to the outsider as if henceforth Mr. Rockefeller was going to have things his own way, for who was there to interfere with him, to dispute his position? No one, save that back in Northwestern Pennsylvania, in scrubby little oil towns, around greasy derricks, in dingy shanties, by rusty deserted oil stills, men still talked of the iniquity of the railroad rebate, the injustice of restraint of trade, the dangers of monopoly.

Unquestionably the great strength of the Standard Trust in 1882, when it was founded as it is today was the men who formed it. However sweeping Mr. Rockefeller’s commercial vision, however steady his purpose, however remarkable his insight into what was essential to the realization of his ambition, he would have never gone far had he not drawn men into his concern who understood what he was after and knew how to work for it . . . The men who in 1882 formed the Standard alliance were all from the foremost rank in the petroleum trade, men who without question would be among those at the top today if there had never been a Standard Oil Company.

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Answers

Answered by GPT-4o mini
John D. Rockefeller's success in building a monopoly can be attributed to several key characteristics highlighted in the readings. Firstly, his remarkable patience allowed him to methodically prepare and seize opportunities without rushing, as evidenced by the assertion that "there never was a more patient man." This careful and strategic approach enabled him to wait for the right conditions to act decisively. Additionally, the public's gradual acceptance of the Standard Oil Company's operations reflects how Rockefeller's ability to present his organization as competent and harmonious helped to shift attention away from its controversial past. Finally, the caliber of individuals he surrounded himself with played a crucial role; the men who formed the Standard alliance were elite figures in the petroleum trade, indicating that Rockefeller not only had a clear vision but also recognized the importance of enlisting skilled partners to further his goals. This combination of patience, public perception management, and strategic partnerships underpinned Rockefeller's ability to dominate the oil industry.

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