Financing the Transcontinental Railroad<span>. The first </span>transcontinental railroad<span>, built between 1864 and 1869, was the greatest construction project of its era. It involved building a line from Omaha, Nebraska, to Sacramento, California, across a vast, largely unmapped territory.</span>
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This bill passed Congress, but Jackson vetoed it, declaring that the Bank was "unauthorized by the Constitution, subversive to the rights of States, and dangerous to the liberties of the people." After his reelection, Jackson announced that the Government would no longer deposit Federal funds with the Bank and would place them in state banks.
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2.Great Britain
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Yep, our govt. was infact modeled after the same enemies we ran away from in the earlier days.
In order to determine the answer for this, we much look at the 4 factors of production: land, labor, capital, and entrepreneurship. When it comes to industrialization, those nations that had these four capitals could easily follow suit. These were mostly those countries that were following the capitalist path. Taking America for example, the North was heavily industrialized due to it having plenty land for industries, labor readily available, capital in terms of investments, and people willing to start industries and businesses. Being a capitalist country, the government encouraged new businesses.
