Which of the following best describes J. P. Morgan?

Morgan was a banker and financier who organized corporate mergers.

Morgan was the head of a manufacturing firm that produced textiles.

Morgan was the owner of a telegraph communications company.

Morgan was a Supreme Court justice who ruled on cases related to industry.

Question

History

Colt Gay

6 April, 03:56

Which of the following best describes J. P. Morgan?

Morgan was a banker and financier who organized corporate mergers.

Morgan was the head of a manufacturing firm that produced textiles.

Morgan was the owner of a telegraph communications company.

Morgan was a Supreme Court justice who ruled on cases related to industry.

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Answers (2)

Know the Answer?

Leandro Singleton · Answer 1

Morgan was a banker and financier who organized corporate mergers.

Cuddles · Answer 2

The statement that best describes J. P. Morgan is Morgan was a banker and financer who organized corporate mergers. J. P. Morgan played a major role in the industrial development of the United States of America. He is viewed as one of the "Captains of Industry". He formed organized corporate mergers. These trusts had no competition in the market, they were so powerful that they crushed unions, and they had great political influence by giving money for campaigns.