Question

How did investment banker John Pierpont Morgan help corporations grow in the late 1800s?

A. He oversaw the building of the transcontinental railroad.

B. He invested in a process for manufacturing steel that was used in companies across the nation.

C. He channeled funds into the purchase of corporate stocks and bonds.

D. He developed a number of monopolies based on vertical integration.

Answer 1

Answer: C. he channeled funds into the purchase of corporate stocks and bonds.

Step-by-step explanation: