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20-09-2022
History

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Each of the sentences below accurately describes the practices of the Standard Oil Company during the Gilded Age. Which two also fit the definition of a monopoly?

- It controlled 90 percent of the US oil refining industry.
- It paid Its workers higher wages than most other companies.
- It gave consumers free lamps to create demand for its kerosene.
- Its directors focused on driving competitors out of business.

Answer :

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