The result was that tariffs were lowered which bothered lobbyists but had great support from the public. The trusts were slowly beginning to end because of the Federal Trade Commission Act of 1914 and Clayton Anti-Trust Act of 1914 that was meant to end monopolies in businesses. The banks were reformed with the Federal Reserve Act of 1913 which is still used today, only modified.
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It was significant because it was the largest city in Egypt for more than two thousand years, not to mention being the capital for about half the time. The city made major profit from overland connection between the Mediterranean Sea and the Red Sea.
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Along with the idea of looking for new trade routes, they also hoped to find new sources of gold, silver, and other valuables. Additionally, Europeans saw exploration as a way to bring Christianity to other cultures that lived in other lands.
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