Most nations in Western Europe are consider to be developed
<u>Answer:</u>
<em> He has many great contributions in the financial market of America</em>
<u>Explanation:</u>
J.P Morgan established the <em>Federal Reserve and saved the economy of America</em>. He was one of the wealthiest and successful businessmen. <em>He started his carrier through the financial industry. </em>
During the gold crisis in 1895 he maintained the <em>American dollar and handled the crisis. </em>
In 1907 when many big banks in New York were having trouble and were in the phase of shutting down Morgan came up with a <em>plan and regained the financiers and saved the banks.</em>