John jacob astor, who seemed to exemplify the "self-made man":

a. became wealthy by trading goods between the united states and china.

b. began his economic ascent through the purchase of philadelphia real estate.

c. used his great wealth to finance the north during the civil war.

d. made huge profits from distributing the machines built by thomas rodgers.

e. turned out to be a fraud, for it was discovered he counterfeit much of his fortune

Question

History

Dixie Henson

25 November, 14:08

John jacob astor, who seemed to exemplify the "self-made man":

a. became wealthy by trading goods between the united states and china.

b. began his economic ascent through the purchase of philadelphia real estate.

c. used his great wealth to finance the north during the civil war.

d. made huge profits from distributing the machines built by thomas rodgers.

e. turned out to be a fraud, for it was discovered he counterfeit much of his fortune

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Answers (1)

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Dominique Osborne · Answer 1

The correct answer here is A.

John Jacob Astor was born in 1763 to father who was a butcher so he was not very wealthy. He amassed his fortune by trading fur through that business he became one of the most wealthy people in the United States. Astor traded sandalwood, teas and of course fur with China which turned out very profitable for him.