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MidtermQuestions - 1 The oil industry began as a supplier...

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1. The oil industry began as a supplier of gasoline Points Earned: 1/1 Your Response: False 2. Under the rule of capture, how would oil producers behave? A. produce less so there is more in times of high demand B. none of the other choices C. produce as much as they can D. produce at a level agreed upon with the other producers Points Earned: 1/1 Your Response: C 3. What invention led to the widespread use of  Kerosene? A. the discovery of large quantities of tar sands B. all of the other choices C. discovery of a new back stop technology D. a safe and affordable fuel burning lamp Points Earned: 1/1 Your Response: D 4. Rockefeller viewed the oil industry of the late 1860's  as Points Earned: 1/1 Your Response: A 5. How many people are on a waiting list for automobiles in  China?
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Points Earned: 1/1 Your Response: B 6. What was/were the social implication(s) of widespread kerosene  lighting? Points Earned: 1/1 Your Response: D 7. The most unpopular aspect of the partnership between the railroads and Standard Oil via the  South Improvement company involved: A. the drawbacks Standard Oil received which lowered their freight costs B. the drawbacks that raised Standard Oils shipping costs C. all of the other choices D. lower freight rates for the entire oil industry Points Earned: 1/1 Your Response: A 8. Why did the price of whale oil rise so sharply during the  1850's? Points Earned: 1/1 Your Response: C 9. Where did Rockefeller build the world's largest oil refinery in the  1890's?
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Points Earned: 1/1 Your Response: D 10. What theme or themes characterize the story of oil? Points Earned: 1/1 Your Response: D
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