Answered

A wave of mergers peaked between 1897 and 1904. The largest of these mergers created the first billion-dollar American corporation. What was that corporation?

A. General Electric
B. Ford Motors
C. Miller Brewing
D. United States Steel



Answer :

GinnyAnswer

Final answer:

The first billion-dollar American corporation created through mergers was United States Steel, overseen by J. P. Morgan.


Explanation:

United States Steel was the first billion-dollar American corporation created through mergers between leading steel companies overseen by financier J. P. Morgan in 1901. This marked the arrival of monopolies as a major force in the market during the early 20th century.


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