- Wikipedia: United States
From 1754 to the end of the war of secession in 1865, many companies that built war goods were able to develop so strongly through orders of different interests that they became an economic power in the USA.
The US economy has made a great leap forward by producing war equipment and rebuilding after these many wars. The production of goods and the national wealth of the USA has increased more than fivefold in the years 1860 to 1900.
As a result of these developments, the first large banks have also established themselves through mergers and acquisitions. This was the birth of the US MoneyMonarchy.
- Wikipedia: J. P. Morgan
- Wikipedia: J. D. Rockefeller
- Wikipedia: A. Carnegie
- Wikipedia: H. Ford
- Wikipedia: J. M. Cox
Industrialization since the war of secession led to the formation of large trusts, which could influence politics through their economic power. In 1890, the anti-trust act was passed, in which a number of major corporations such as Standard Oil and the American Tobacco Company were liberated from 1911 on.
The competition between the then tycoons required that they always needed fresh money to overtake the competition and to push others out of the market.