In 1907, the New York Stock Exchange fell 50% from its peak the previous year and was contained only when this man intervened.
- Andrew Mellon
- Henry Ford
- J.D. Rockefeller
- J.P. Morgan
J.P. Morgan. Morgan pledged large sums of his own money and organized major banks to shore up the banking system and increase liquidity. This would eventually lead to the creation of the Federal Reserve System in 1913.
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HistoryNet Staff (4/27/2024) Daily Quiz for November 16, 2018. HistoryNet Retrieved from https://www.historynet.com/quiz181116/.
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HistoryNet Staff. "Daily Quiz for November 16, 2018." HistoryNet Staff - Accessed 4/27/2024. https://www.historynet.com/quiz181116/
"Daily Quiz for November 16, 2018." HistoryNet Staff [Online]. Available: https://www.historynet.com/quiz181116/. [Accessed: 4/27/2024]