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The economic expansion took place in the 1900s in the United States of America. The GDP of the country increased continuously for 10 years. The jobs were still less and it was observed that financial and service sectors boomed more than that of the manufacturers. In 1194, jobs were also created and this also led to further economic development. The amount of wealth generated was very high and poverty rates decreased.
<span>Some colonies more suitable to plantation agriculture due to climate & location
like Brazil, Carolinas, Barbados, Jamaica
developed into slave-based agricultural plantation colonies</span>
Answer:
Capitalism
Explanation:
With U.S economic culture dependent on capitalism and increased influence of U.S.A over the world and downfall of communism led to increased influence of capitalism.
