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4 votes
How did investment banker John Pierpont Morgan help corporations grow in the late 1800s?

A. He oversaw the building of the transcontinental railroad.

B. He invested in a process for manufacturing steel that was used in companies across the nation.

C. He channeled funds into the purchase of corporate stocks and bonds.

D. He developed a number of monopolies based on vertical integration.

asked
User Crypth
by
8.6k points

1 Answer

4 votes

Answer: C. he channeled funds into the purchase of corporate stocks and bonds.

Step-by-step explanation:

answered
User Bleyk
by
8.6k points
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