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Traditions are not bad but they need to evolve constantly
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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. ... However, he faced criticism that he had too much power and was accused of manipulating the nation's financial system for his own gain.
1861 Creation of the Confederate States of America
Answer:Dollar Diplomacy sought to bolster the struggling economies of Latin American and East Asian countries while also expanding U.S. commercial interests in those regions. U.S. interference in Nicaragua, China, and Mexico in order to protect American interests are examples of dollar diplomacy in action.
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