QUESTION IMAGE
Question
4 multiple choice 2 points which of the major industrialists were most threatened by edisons invention of the electric light bulb? carnegie rockefeller morgan vanderbilt clear my selection
Brief Explanations
Rockefeller was in the oil - based kerosene lighting business. Edison's electric light bulb was a direct competitor to kerosene - based lighting, which could reduce the demand for kerosene. Carnegie was in steel, Morgan in finance and industry consolidation, and Vanderbilt in railroads. So Rockefeller was most threatened.
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Rockefeller