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During the Civil War, J.P. Morgan made money by acting as a financial intermediary for the U.S. government and private investors. He helped the government raise funds through the sale of bonds, earning commissions on these transactions. Additionally, Morgan's firm profited by providing loans and financing to war-related industries, such as arms manufacturing and transportation, capitalizing on the increased demand for goods and services spurred by the conflict. Overall, his strategic positioning in wartime finance allowed him to significantly increase his wealth and influence.
What else can I help you with?
Did women make weapons during the civil war?
Yes.
What was used as film during the Civil War to make photographs?
Glass, chemically treated (wet-plate negative) and then exposed to light was used.
What are differences between the north and south during the civil war?
North was against making slaves states in the west South wanted to make slave states in the west
What did Korea do during the Civil War?
Korea was isolationist during the Civil War as Japan and China had been earlier, and the country had absolutely nothing to do with the war or the affairs of other countries. After the war a US ship (named the William T. Sherman) attempted to make contact with Korea, but the Koreans captured the ship and slaughtered everyone aboard.
Why did Charles 1 make people pay ship money?
Charles I imposed ship money as a means to raise funds without parliamentary approval, particularly to finance naval defense and protect against potential invasions. Originally a tax levied on coastal towns to maintain ships during wartime, he extended it to inland areas during peacetime, which sparked widespread resentment. This move was seen as an overreach of royal power and contributed to tensions between the monarchy and Parliament, ultimately leading to the English Civil War.
How did JP Morgan make his money?
He made his money by steel banking and railroads
How did the civil war make J P Morgan rich?
i dk you dummie
How much money do civil air patrol pilots make?
Civil Air Patrol pilots do not make money. They are civilian volunteers.
Why is dollars green?
During the Civil War people discovered how to make a special green ink that would make making counterfeit money harder.
How much money does Morgan Freeman make a movie?
96 million
Did women make weapons during the civil war?
Yes.
How did privateers make profits during the civil war?
prostitution
Did the US make coins during the civil war?
Yes we did.
How much money dose a civil lawyer make a year?
over 85,000
What contributions did Jefferson make to the south during the civil war?
None.
How did US make money during wars?
War bonds and money drives.
How did the union make paper during the civil war?
The same way as now.
