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We had the basic things down that we had to have in order to survive. In the early 1700’s McKibben explains that something “new” finally happened that would revolutionize the way we do business and transport goods in this country forever. The Steam engine, invented by Thomas Newcomen in 1712. (McKibben, pg. 5) This produced steam power by burning coal and using the steam to run the pump. We began to produce goods with much less labor and economic growth from here on out grew by huge multiples to where we are now. Increasing efficiency played a key role in the development of businesses and economies...
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