2 years ago

Why was J.P. Morgan's idea revolutionary?

1 answer:

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Answer:

J.P Morgan was one of the most influencial and powerful bankers and helped in different periods of the US history to bail out the government and the economy, he lent money to the treasure to help them avoid bankrupcy, but most of it´s detractors critiziced him because he had too much power and was believed to create monopolies, if not him directly, by helping other creating them.

Explanation:

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