Asked by JeremyL
Which is the best explanation of how J.P. Morgan is noted to have thwarted the financial crisis in the early 1900s?
A His businesses had a positive effect on the US economy.
B. He became the President of the United States and implemented programs which improved the economy.
C. His business model did not create monopolies so other industries were able to enter the market.
D. By turning over the control of his businesses to the US government.
I know that it's either A or C, can someone help me please
A His businesses had a positive effect on the US economy.
B. He became the President of the United States and implemented programs which improved the economy.
C. His business model did not create monopolies so other industries were able to enter the market.
D. By turning over the control of his businesses to the US government.
I know that it's either A or C, can someone help me please
Answers
Answered by
Ms. Sue
I vote for A.
https://www.history.com/topics/19th-century/john-pierpont-morgan
https://www.history.com/topics/19th-century/john-pierpont-morgan
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