Industrial Revolution in America

These raw materials resulted from the availability of cheap labor and fuel (Keene et al. Hence, there occurred growth need for farm and industrial input. Moreover, lack of restraints by the government lead to the further unfair development of these industries and their owners. John D. Rockefeller represents one of the renowned industrialists whom people knew as 'baron robber. Sometimes they bribed the lawmakers and members of Congress to gain favor. Rockefeller led the Standard Oil Company which controlled 90% of the oil United States of America (Keene et al. In his management, he applied the method of purchasing oil refineries but later changed to buying and building factories, railways, oil refineries and pipelines. Furthermore, the man preferred and paid for lip services.