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Policies such as the General Incorporation Laws allowed business to grow larger more easily, and with less red tape involved. New technology allowed faster and more efficient production, but this explosive growth of industry called for not only more resources, but new business practices and leaders as well. (Moritz 10-12)
Although not a natural resource, railroads were considered one of the key factors in almost every widespread industry. It allowed companies to quickly send products across the entire nation without using expensive and time-consuming caravans or wagons. Cornelius Vanderbilt was a prominent leader in the railroad industry at this time...
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