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6 years ago
Identify and discuss the components that contributed to American economic growth from 1820 to 1860.
 
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6 years ago
Answer: The United States had abundant natural resources, an expanding population, government policies designed to foster economic growth, and a pervasive entrepreneurial spirit. Public schools provided a more educated workforce and production was reorganized along industrial lines. An influx of European laborers, capital, and technological ideas also helped shape American development. Most importantly, improved transportation provided cheap and reliable access to distant markets and goods.
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