There were three powerful men that had control over the economy. These were, John D. Rockefeller, Andrew Carnegie, and J. Pierpont Morgan. Rockefeller is considered to be America’s first billionaire. He owned the Standard Oil Company and became the largest business. He employed different tactics to eliminate the competition by buying other companies, this was called horizontal integration. Carnegie focused on the production of steel. His
There were three powerful men that had control over the economy. These were, John D. Rockefeller, Andrew Carnegie, and J. Pierpont Morgan. Rockefeller is considered to be America’s first billionaire. He owned the Standard Oil Company and became the largest business. He employed different tactics to eliminate the competition by buying other companies, this was called horizontal integration. Carnegie focused on the production of steel. His