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?

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Fry

History

10 January, 15:42

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?

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Riley Clarke · Answer 1

The United States Steel Corporation

Explanation:

The U. S Steel is a corporation, which means that is a group o people working toward one single target. The foundation of this profitable corporation lead us to the end of the 19th century when J. P. Morgan, one of the richest man in the US, among other important businessmen and industrialists, created the U. S. Stell to capitalize the growing produce of steel that was turning into an important and wealthy market in the early years of the 20th century. Today, U. S. Steel is one of the most profitable corporations in the world.