Answer:
Giving most of his wealth for developing purposes.
Explanation:
The term, Captain of Industry, use for a business tycoon who spends wealth for developing the country in America during the Industrialization. This development occurs in several ways, including philanthropy, expansion of markets, productivity, and more jobs.
J.P. Morgan played a fundamental role in the American economy as he gained control of industries like railroads. Andrew Carnegie’s steel company and mining and coal. In 1893 Morgan helped in rescuing economy of the country from financial problem. He purchased stock in troubled companies during difficult times in the country. He contributed various donations to a museum, hospitals, libraries, and schools.
In many ways the Columbian Exchange that occurred after Columbus landed in the New World was an early form of globalization in that it led to good and ideas to be spread over the world.
No, they actually tared and featherd people and burnt buildings
The new deal helped a lot during the great depression in restored a lot of American hope to get out of the deprrssion