One of the most powerful bankers of his era, J.P. (John Pierpont) Morgan(1837-1913) financed railroads and helped organize U.S. Steel, General Electric and other major corporations. ... Morgan used his influence to help stabilize American financial markets during several economic crises, including the panic of 1907
They wanted to continue the spread of slavery so they could expand their influence and continue their own way of life
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Socialism - an economic theory stressing government control of production
Capitalism - when businesses operate with little interference from the government
Minority - a group that represents less than half of a population
Proletariat - a system in which private individuals, not the government, own businesses
Laissez-faire - a term used to identify the working class in industrial societies
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Under the State Constitution, every bill must be read three times before it may be passed. The courts have held, however, that this requirement can be satisfied by reading the bill's title. Upon introduction, the bill's title is read a first and second time in the Senate and is read once in the House.
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