During the reconstruction period, America lacked direction in rebuilding the nation. Without proper financial guidance, companies and industries were unable to compete at high market levels between other countries across the world. Junius Spencer Morgan was a man who focused on building financial structures and to obtain all possible
financial power in the world.
His guidance and achievements helped revolutionize financial crises into a dominant world financial leader. Morgan impacted the American culture by introducing a new method of managing business. Many business men took his guidance into consideration and established corporations that helped the country to become prosperous today.
Unlike most American families, Morgan was born into a wealthy family.
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