Question

Why is J. P. Morgan famous?

a. He built a monopoly in the petroleum industry through ownership of Standard Oil.
b. He led a fundraising drive to erect the Statue of Liberty in New York harbor.
c. He was a railroad tycoon who owned the Union Pacific.
d. He was a banker who had great control over America's finances.

Answer 1

The answer is D. He was a banker who had great control over America's finances

Answer 2

J.P. Morgan is famous because d) He was a banker who had great control over America's finances. He was an American financier, banker and art collector who dominated corporate finance and industrial corporation at the time he was alive.