Standard Oil's Monopoly

question 78

Multiple Choice

Standard Oil's monopoly

• A)depended entirely on the company's domination of the Asian, African, and Latin American export markets.
• B)increased the price of petroleum products by more than two thirds.
• C)grew even bigger with oil discoveries in Texas at the turn of the century.
• D)had the legal form of a holding company in the state of New Jersey.

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Definitions:

Marine Layers

Strata of moist ocean air that is cooled below its dew point temperature and thus forms a layer of clouds at the surface or near the surface of a large body of water.

Sand Dunes

Hills or ridges of sand piled up by the wind in desert regions or near bodies of water.

Transgression

A geologic event where the sea advances over land areas, covering them with sediment layers due to rising sea levels.

Mudstone

A rock composed of consolidate mud (silt, clay, or especially a combination of the two).