Question

Which of the following is an accomplishment of J.P. Morgan? Select the two correct answers.

A. developing improved oil-refining methods
B. improving investment banking practices
C. incorporating the Bessemer process
D. creating a monopoly within the oil industry
E. helping create the company General Electric

Answer 1

Answer: B and E……………………….

Answer 2

B) Improving investment banking practices

E) Helping create the company General Electric

Step-by-step explanation:

J.P. Morgan helped the creation of General Electric by organizing the merger between two companies, Edison General Electric and, Thomas-Houston Company.

He improved banking investment by forming a syndicate of international investors. They were exchanging gold for agreeable rate and his investment practices are active in our system since 2007.