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8 May, 11:28

Why did the pace of american overseas economic expansion quicken after the panic of 1873?

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  1. 8 May, 11:36
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    After the panic of 1873, the pace of American overseas economic expansion happened very fast because of the second industrial revolution. The companies started to merge with each other and monopolize. This made the number of industries smaller but the size of them became huge making the expansion of business popular.
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