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There were several features that helped industries grow quickly in the country after the Civil War. There was massive influx of immigrants and so there was no dearth of labor force. Also there was great improvement regarding new inventions and technological advancements. There was also great availability of raw materials like timber, oil etc.
He believed he had sailed all the way around the world and didn't know that North America existed. However, he didn't really think he had reached Asia. He thought he had reached the East Indies, an island chain containing Indonesia.