Assignment Big Business Report

Assignment Big Business Report - ssignment Big Business...

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Assignment Big Business Report Assignment Big Business Report Week Three HIS/125 John Rockefeller
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John Rockefeller was born July 8, 1839 in Richford, New York. He is one of the six kids born to William Avery and Eliza Davison Rockefeller. After high school John attended a business course at Folsom Mercantile College that was suppose to last for six months but he finished it in three months. He worked hard and in impressed a lot of the business people in the community. In 1859 before his 20 th birthday he opened a business up with Maurice Clark and the business did well its first year and their business expanded rapidly during the Civil War. Then they entered the oil business as refiners and in 1865 Rockefeller bought the Clarks out and with Andrew and they formed Rockefeller and Andrew. Rockefeller, his brother William, Andrews, Flagler, Harkness, and Jennings organized The Standard Oil Company in 1870 they owned nearly all the refining firms in Cleveland. By 1882 Standard Oil had prospered a lot and ended up merging all its properties into Standard Oil Trust which was one big company. Journalist started posting harsh stories about Standard Oil criticizing Rockefeller for
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