Question

How did J.P. Morgan‘s efforts to channel funds into the purchase of corporate stocks and bonds affect corporations

Answer 1

Your answer would be it helped them grow.

Answer 2

• It helped them grow.

Step-by-step explanation:

Morgan puts resources into the new channel venture in Panama that plans to connect the Atlantic and Pacific Oceans. Morgan goes about as the center man for the legislature and raises $40m to kick the task off. More than 75,000 specialists work in fierce warmth, under the danger of fatal ailments, burrowing a 51-mile long waterway. In any case, in 1913, a year prior to it's finished, Morgan died in his rest at 75. The New York Stock Exchange closes down for 2 hours in recognition; a respect regularly held for the death of a president.