bburpee1

05.02.2021 • 

History

Read the passage. Morgan originated, and made large profits from, numerous other mergers. Acting as primary banker to numerous
railroads, moreover, he effectively muted competition among them. His organizational efforts brought stability to
American industry by ending price wars to the disadvantage of farmers and small manufacturers, who saw him as
an oppressor. In 1901, when he established the Northern Securities Company to control a group of major railroads,
President Theodore Roosevelt authorized a successful Sherman Antitrust Act suit to break up the merger
-"J. P. Morgan and Finance Capitalism,"
Outline of U.S. History,
Alonzo Hamby
A trust, as developed by John D. Rockefeller and facilitated by J. P. Morgan, can best be described as
O a legal formalization of vertical integration within a market.
O a legal combination of firms managed as a single monopoly or near-monopoly.
O a legal collusion of a small group of separate firms that control prices.
O a legal form by which new corporations are created to increase competition.
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aide1234564

13.07.2020

History

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A populist Democrat, Maddox came to prominence as a staunch segregation when he refused to serve black customers in his atlanta restaurant, in violation of the civil rights act 1964. He later served as a lieutenant governor during the period when jimmy carter was governor.

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