37. how did investment banker john pierpont morgan corporations grow in the late 1800s?

John Pierpont Morgan arose as the most eminent asset banker of his age when organizations sought to nurture but needed the money to obtain new paraphernalia and inflate fabrication. Morgan simplified the unification concerning economics and commerce by channeling European capital into the U.S. He became one of the first to share the profits by loaning different corporations such great quantities of money for development.

the us hoped to prevent any nations from leaning towards soviet union-based communism. the containment policy was established in hopes of keeping communism from spreading to new places.

answer: president kennedy is vowing to protect freedom in this paragraph.