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The End Of Affluence
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As the first European settlers arrived in America, ideas of wealth and prosperity were fully implanted in their minds. These ideas soon turned into reality, and the United States dominated the global economy up until the post World War II years. In this paper, from the Book by Jeffery Madrick, we will discuss how America has gone from dominatio ....
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....t examples, is the introduction of the railroad, and the tremendous effect it had on the trade of goods. This revolutionary invention enabled the transportation of goods to become quicker, and opened new markets. The ability to transport goods quickly also returned a quicker profit enabling the seller to roll his money over into other items. Thi.... |
| Word count: 3914 |
Page count: 15 |
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