USA HISTORY

WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900

ROBBER BARONS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This man is sometimes said to have invented the modern commercial banking industry in the USA.
A
Jay Gould
B
JP Morgan
C
John Rockefeller
D
Andrew Carnegie
Explanation: 

Detailed explanation-1: -Jay Gould, original name Jason Gould, (born May 27, 1836, Roxbury, New York, U.S.-died December 2, 1892, New York, New York), American railroad executive, financier, and speculator, an important railroad developer who was one of the most unscrupulous “robber barons” of 19th-century American capitalism.

Detailed explanation-2: -“Geology gave us the immensity of time and taught us how little of it our own species has occupied.” “Current utility and historical origin are different subjects.” “The dogmatist within is always worse than the enemy without.” “I had learned that a dexterous, opposable thumb stood among the hallmarks of human success.

Detailed explanation-3: -(1834–72). American financier James Fisk was known for his unscrupulous business practices, joining “robber baron” Jay Gould in securities manipulations and railroad raiding. Fisk was known as “Jubilee Jim” and the “Barnum of Wall Street.” Fisk was born on April 1, 1834, in Bennington, Vermont.

Detailed explanation-4: -Jay is a model who is repped by LA Models, The Industry, MGM Models and Wilhelmina. The brunette has amassed over 300, 000 Instagram followers by posting a variety of modeling shows and personal selfies.

Detailed explanation-5: -At the root of the scandal were two well-known scoundrels, Jay Gould and Jim Fisk. The two financiers had worked together in 1868, when they used stock fraud and bribery to keep Cornelius Vanderbilt from taking control of the Erie Railroad, which they owned.

There is 1 question to complete.