Which of the following figures is best known for organizing major corporations?

J.P. Morgan is best known for organizing major corporations during the Industrial Revolution and in the early 20th century. He was a prominent banker and financier who played a pivotal role in the consolidation of various industries. Morgan’s strategic financial acumen allowed him to facilitate mergers and acquisitions, creating large, powerful corporations that could compete in the new industrial economy. His organization of companies such as U.S. Steel and General Electric exemplifies how he helped shape the corporate landscape of the time.

In contrast, Cyrus McCormick was an inventor and is most noted for his development of the mechanical reaper, which revolutionized agriculture. John Deere is recognized for founding the Deere & Company and his innovations in farming equipment, but he was not primarily focused on corporate organization. Adam Smith, often referred to as the father of modern economics, laid the theoretical groundwork for free-market capitalism rather than organizing companies himself.