How did investment banker John Pierpont Morgan help corporations grow in the late 1800s?
A. He invested in a process for manufacturing steel that was used in companies across the nation.
B. He oversaw the building of The transcontinental railroad.
C. He channeled funds into the purchase of corporate stocks and bonds.
D. He developed a number of monopolies based on vertical integration.
Answers
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option B is the correct answer
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How did investment banker John Pierpont Morgan help corporations grow in the late 1800s?
A. He invested in a process for manufacturing steel that was used in companies across the nation.
B. He oversaw the building of The transcontinental railroad.
C. He channeled funds into the purchase of corporate stocks and bonds.
D. He developed a number of monopolies based on vertical integration.
Answer
B. He oversaw the building of The transcontinental railroad.
A. He invested in a process for manufacturing steel that was used in companies across the nation.
B. He oversaw the building of The transcontinental railroad.
C. He channeled funds into the purchase of corporate stocks and bonds.
D. He developed a number of monopolies based on vertical integration.
Answer
B. He oversaw the building of The transcontinental railroad.
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