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Morganization

The business model approach that is based on the Money Trust strategies and Monopolisation principles of John Pierpont Morgan which he established and leveraged to stabilise the U.S and globally economies after the financial panics of 1893 and 1907 respectively.

The morganization of several failing and bankrupt steel mills resulted in the formation of an incredibly successful monopoly- U.S. Steel.

by Percy Z. Silamba Sr July 14, 2024