logo image

How Standard Oil Typified the Rise of Big Business Essay

The rise of big business was most prominently observed in America and the contributing factor is most importantly: Standard Oil.

In the 19th century a great change was observed in business. The business dealers were able to make America successful due to their competitive nature. They were successful in creating an enterprise. Different combinations were used to make the industry more successful and efficient. John D Rockefeller combined different oil companies. This increased the production and made the organization more efficient thus giving a rise to the business.

The rise of big business gave way to the rise of well known large firms. The rise in the oil industry also led to the success of the steel company. A new distillation method was discovered in the year 1857. This increased the minimum size of oil refinery to a daily aptitude of 1000 barrels. This increased the sales and ultimately had a great effect on the economy of the country.

Furthermore, the Standard Refineries also made use of the byproducts. The standard refineries also made assured that there were no small savings. Every dollar wasted was reused. This greatly affected the economy making it boom and ultimately resulting in the rise of the big

Need essay sample on "How Standard Oil Typified the Rise of Big Business"? We will write a custom essay sample specifically for you for only $ 13.90/page

business. The living style of Americans changed a lot due to the rise in the big business. Rather than purchasing products, they had started manufacturing their own.  [1]


  1. Kendall Beaton (2005) ‘Standard Oil’ Page 600, Appleton Century Crofts.

[1] Kendall Beaton, 2005.

Can’t wait to take that assignment burden offyour shoulders?

Let us know what it is and we will show you how it can be done!
Sorry, but copying text is forbidden on this website. If you need this or any other sample, please register

Already on Businessays? Login here

No, thanks. I prefer suffering on my own
Sorry, but copying text is forbidden on this website. If you need this or any other sample register now and get a free access to all papers, carefully proofread and edited by our experts.
Sign in / Sign up
No, thanks. I prefer suffering on my own
Not quite the topic you need?
We would be happy to write it
Join and witness the magic
Service Open At All Times
Complete Buyer Protection
Plagiarism-Free Writing

Emily from Businessays

Hi there, would you like to get such a paper? How about receiving a customized one? Check it out https://goo.gl/chNgQy

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy