[Solved] 32 Jp Morgan Part

Assignment #6 J. P. MorganRespond to the following questions in full sentences. (except where asked to list)Each question is worth 10 points. Please use at least 1 outside source that is cited in APAformat to support your responses. The assignment is worth 40 points.Question 1: Why were banking and financial institutions so important to businessdevelopment in the late 18th and early 19th centuries? Explain in full sentences.Slides 3 and 11 in the JP Morgan Part 3 powerpointQuestion 2:Describe J. P. Morgan’s most “notable investment and greatest consolidation.” Why isMorgan recognized for the size of his corporationSlides 31 and 32 JP Morgan Part 3 PowerPointQuestion 3: List JP Morgan’s 7 Secrets of Success. PowerPoint Part 31.2.3.4.5.6.7.Question 4: Select what you consider to be one of the most important of J.P. Morgan’s 7secrets to success that you can apply to your own life. Explain why. (Three to foursentences)