How did industrialization impact the nineteenth century world economy?
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In fact, industry had made the U.S. the richest nation in the world at this time. The Second Industrial Revolution caused growth in industry and transportation, which allowed increased trade between nations. Combined with a merchant marine capable of transporting goods by sea, a world economy began to form.
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fact, industry had made the U.S. the richest nation in the world at this time.
- The Second Industrial Revolution caused growth in industry and transportation, which allowed increased trade between nations.
- Combined with a merchant marine capable of transporting goods by sea, a world economy began to form.
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