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The railroad boom began in 1862 when President Abraham Lincoln signed the
free market.
produce more goods at lower prices.
had men to support them.
industrial nation.
fixed costs.
Pacific Railway Act.
selling government land grants.
vertical integration.
With new technology, factories could
free market.
produce more goods at lower prices.
had men to support them.
industrial nation.
fixed costs.
Pacific Railway Act.
selling government land grants.
vertical integration.
According to the concept of laissez-faire, prices and wages are best determined by the
free market.
produce more goods at lower prices.
had men to support them.
industrial nation.
fixed costs.
Pacific Railway Act.
selling government land grants.
vertical integration.
Railroad companies raised most of the money that they needed to build their railroads from
free market.
produce more goods at lower prices.
had men to support them.
industrial nation.
fixed costs.
Pacific Railway Act.
selling government land grants.
vertical integration.
During the 1800s, companies generally paid women less than men because they believed women
free market.
produce more goods at lower prices.
had men to support them.
industrial nation.
fixed costs.
Pacific Railway Act.
selling government land grants.
vertical integration.
A steel company that owns the coal mines, limestone quarries, and iron ore fields it depends on is an example of
free market.
produce more goods at lower prices.
had men to support them.
industrial nation.
fixed costs.
Pacific Railway Act.
selling government land grants.
vertical integration.
By the early 1900s, Americans had transformed the United States into the world’s leading
free market.
produce more goods at lower prices.
had men to support them.
industrial nation.
fixed costs.
Pacific Railway Act.
selling government land grants.
vertical integration.
Loans, mortgages, and taxes are an example of a company’s
free market.
produce more goods at lower prices.
had men to support them.
industrial nation.
fixed costs.
Pacific Railway Act.
selling government land grants.
vertical integration.
Check it!