What is Ida Tarbell best known for?
What is Ida Tarbell best known for?
In her most famous work, The History of the Standard Oil Company (which oil historian Daniel Yergin called the “most important business book ever written”), Miss Tarbell revealed, after years of painstaking research, the illegal means used by John D. Rockefeller to monopolize the early oil industry.
Who is Ida Tarbell and what did she do?
Ida Tarbell, in full Ida Minerva Tarbell, (born November 5, 1857, Erie county, Pennsylvania, U.S.—died January 6, 1944, Bridgeport, Connecticut), American journalist, lecturer, and chronicler of American industry best known for her classic The History of the Standard Oil Company (1904).
Why did Ida Tarbell expose Standard Oil?
Journalist Ida M. Tarbell brought the company’s shady dealings to light, and the federal government sued Standard Oil. The Supreme Court ordered Standard Oil’s breakup in 1911, but only after more narrowly defining illegal monopoly.
What was Ida Tarbell trying to change?
The McClure’s magazine journalist was an investigative reporting pioneer; Tarbell exposed unfair practices of the Standard Oil Company, leading to a U.S. Supreme Court decision to break its monopoly.
Who broke up Standard Oil?
When did Standard Oil break up? Standard Oil broke up in 1911 as a result of a lawsuit brought against it by the U.S. government in 1906 under the Sherman Antitrust Act of 1890.
Why was Standard Oil broken up?
How many Rockefellers are alive today?
There are now over 250 members of the family who are direct descendants of John D. Rockefeller and Laura Spelman Rockefeller.
Do the Rockefellers still own Standard Oil?
Standard Oil Company and Trust does not still exist. It was dissolved in 1911. However, some companies that were part of the trust persisted and, over time, merged with others and became part of such well-known companies as Exxon Mobil Corporation, BP PLC, and Chevron Corporation.
Do Rockefellers still own Standard Oil?
Where did Ida Tarbell expose Standard Oil?
Ida M. Tarbell’s name would become synonymous with the term muckraker after publication of her 19-part expose of the business practices of John D. Rockefeller’s Standard Oil Company that had destroyed her father’s oil business, as well as many other small oil related companies in Pennsylvania’s oil region in the 1870s.