... )." (World book, vol 16,). He was the leading force behind the development of the Standard oil Company, which grew to dominate the oil industry and became one of the first big trusts in the United States, thus engendering much controversy and opposition regarding its business practices and form of organization. Rockefeller also was one of the first major philanthropists in the U.S., establishing several important foundations and donating a total of about $550 million ... . This transfer of control helped unify the management of the organizations and lessened legal difficulties. The Standa...

• Word Count: 514
• Approx Pages: 2
• Grade Level: Undergraduate