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  • Essay / Standard Oil Company Case Study - 715

    First, the Standard Oil Company created money for the economy and created jobs. This helped individuals pay their bills and provide for their families, among other things. Then, Rockefeller used techniques to make the price affordable for everyone. The company succeeded in this and provided cheap oil for homes, which was used, among other tasks, with this oil. Ultimately, through all stages of its construction, Rockefeller consistently gave to charity and ended up donating over $550 million! With this money, Rockefeller helped the community in many ways. He generously helped donate a large sum of money to the General Education Board, so that students could get an education and succeed. He also created the Rockefeller Foundation, which helps ordinary people achieve their well-being. He also assisted the Rockefeller Sanitary Committee. Rockefeller and the Standard Oil Company achieved many positive results in