Question

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

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

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

C. He was a strong supporter of social Darwinism.

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

Answer 1

The correct answer is option:

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

Step-by-step explanation:

He was the founder of six industrial giants: American Telephone and Telegraph, General Electric, International Harvester, United States Steel Corporation, Westinghouse House Electric Corporation, and Western Union. His investment firm J.P. in general. Morgan & Co developed a scheme for investing in giant corporate projects together with investment banks.

Answer 2

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

Step-by-step explanation:

He was a creator of the first financial empire in the USA, founder of six industrial giants: American Telephone and Telegraph, General Electric, International Harvester, United States Steel Corporation, Westinghouse House Electric Corporation and Western Union. Namely his financial company J.P. Morgan & Co, together with investment banks, developed a scheme for investing in giant corporate projects.