The use of check and balances.
Because it’s first hand information
The new world builds an inter dependent global economic system by each continent relied on the other continents to thrive. For example, are europe, africa and america in new system which: Europe played a distinctive role in markets, capital, and technology. Africa played a distinctive role in labor and america played a distinctive role in raw materials which includes metal and soil for sugar cane.
They created a new economy by recognizing the issues that the poor people faced in 1890s to 1920. Remember the rich made off money of the poor, after a while when the poor discovered that was happening. Workers went on strike for the such low income and working conditions.