Do you believe that J. P. morgan was right to assume such a large role in directing the U. S. economy

J.P Morgan's role in the U.S economy.

J.P Morgan is an American company or a multinational investment bank and refers to the financial services holding company. Located in the New York city this company is incorporated by Delaware and is the largest bank in the U.S. Has a total asset of 3.75 trillion. The JP Morgan group is a combination of several US banking companies in 1996.

Thus answer is Yes JP Morgan was a dominant player in the US economy.

JP Morgan has remained a huge player in American capitalism in 2004 they were called as one bank corporation. The US economy has expanded due to investors like JP Morgan.

The U.S has become a powerful nation due to strong financial institutions like them.  JP Morgan has a strong international value and has been known to the European empire also.

Find out more information about JP Morgan's role in the US economy.

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all of the following apply except for (a. excessive credit on real estate resulting in defaulted loans.

in 1819, panic swept the country due,in part, to the rapid expansion of american manufacturing during the war of 1812 and the distress caused by the post-war british competition. the rapid expansion of american farming was another factor.

explanation:

no every country is held to the same degree as others just some member countries such as the usa and germany are more economically sound so the need to show there support to all others