The answers are:
- D. He helped form some successful businesses that are still in existence today.
- C. A small group of people could now own and operate multiple companies in an industry.
- A. Urban workers’ wages were very low and made it difficult to live.
- A. Advances in technology led to more conveniences and a higher standard of living for a growing middle class.
- A. the eight-hour workday
- D. Cowboys could not access enough grass and water for their cows after ranchers sectioned it off with barbed wire.
- D. Their religious practices were unfamiliar to other Americans.
- C. Emancipation Proclamation
What happened in this period
This question is about the influence and accomplishments of J.P. Morgan in the financial industry.
The correct answer states that Morgan helped form successful businesses that continue to exist today due to his contributions.
Development of Trusts: The question inquires about the impact of trust formation on business operations.