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John Rockefeller Research Paper

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John was born July 8,1839, Richford, New York. He was the second of six children, later as he got older he graduated from high school and excelled in mathematics. John then got married to a woman named Laura on September 8, 1864. She was a very strong christian and the two both spent many hours a week attending church services at the Eric Street Baptist Church. They had five children, four daughters and one son. In 1870, Rockefeller, together with his brothers established the Standard Oil Company in Ohio. This occurred while the petroleum refining industry was still highly decentralized, with more than 250 competitors in the U.S. In the early 1880’s Standard Oil controlled 90% of the U.S refineries and pipelines. Standard Oil kept prices low, which made its products affordable for the average person, also Standard Oil expanded into natural gas production. The Standard Oil Company ranks as one of the most dramatic chapters in the history of the U.S economy. It happened in a period of time when the country was enduring it's brisk transformation from a mainly agricultural society to the greatest industrial powerhouse the world has ever known. …show more content…
He wanted his workers to feel like part of the “Standard Oil Family, and wanted every worker to be invested in the company's success. As in return, his workers respected him and work good and hard. Other historians claim that Rockefeller treated his workers poorly simply based on the fact that he consumed so much money when they lived on so little. However, Rockefeller was a firm believer in charity, and prior to his death, he donated about half of his money to various

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