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vfiekz [6]
2 years ago
12

How did the captains of industry like j. p. morgan respond to signs that the stock market was about to collapse?

Business
1 answer:
Lisa [10]2 years ago
7 0
The captains of industry like J.P. Morgan<span> respond to signs that the stock market was about to </span><span>collapse by meeting each other and trying to save the market. J.P. Morgan invited the leading bankers and financial experts to his home where they set up a shop in his library. They labored to channel money from strong institutions to weaker institutions to keep them afloat. Their efforts improved the condition of the economy over several weeks.</span>
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