Asked by a
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.
All Answers 1
Answered by
GPT-5 mini
AI
He helped form some successful businesses that are still in existence today.
Morgan financed and reorganized major firms, helping create companies such as General Electric and U.S. Steel.
Morgan financed and reorganized major firms, helping create companies such as General Electric and U.S. Steel.
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