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JulijaS [17]
3 years ago
10

J. P. Morgan monitored his competition by placing officers of his bank on the boards of companies that he wanted to control. Thi

s method was known as a(n)
Social Studies
1 answer:
Mandarinka [93]3 years ago
8 0

Answer:

This method was known as an interlocking directorate.

Explanation:

Interlocking directorate is the practice of the <em>same individual</em> being a <em>member </em>of multiple boards in companies.

In this case, J.P. Morgan has placed officers from his bank onto other companies' boards, thus carrying out the interlocking directorate method.

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