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What happened as a result of J.P. Morgan's work in the financial industry?(1 point)

Responses

He grew companies through the process of vertical integration
He grew companies through the process of vertical integration

He helped Standard Oil acquire most other businesses in the industry.
He helped Standard Oil acquire most other businesses in the industry.

He was a strong supporter of social Darwinism
He was a strong supporter of social Darwinism

He helped form some successful businesses that are still in existence today

User Icon for Bot GPT 4-o mini Bot GPT 4-o mini answered
4 days ago

The most accurate response regarding the impact of J.P. Morgan's work in the financial industry is:

**He helped form some successful businesses that are still in existence today.**

J.P. Morgan played a significant role in the formation and consolidation of several major corporations, including U.S. Steel and General Electric, which continue to operate today.