10/28/22 quiz Flashcards by Naomi Guitaud | Brainscape

Q

drilled the 1st oil well

A

Edwin Drake

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Q

The first oil well was drilled in this place

A

Titusville, Pennsylvania

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Q

large company that sold shares

A

corporation

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Q

a piece of a company

A

Stock(share)

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Q

partial owners of a corporation

A

shareholder

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Q

cash payment from the company’s profit

A

dividend

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Q

buying and selling of stocks in special markets

A

stock exchange

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Q

set up an oil refinery in Cleveland Ohio

A

John D Rockefeller

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Q

a business method where the company dominates the strategic stage

A

horizontal Integration

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Q

In 1882 Rockefeller formed the

A

Standard Oil trust

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Q

to cleaning or purifying oil

A

refining

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