The Second Industrial Revolution is also known as the Technological Revolution that was a phase in the 19th century and the beginning of 20th.
As the first Revolution had place in Europe, it arrived to The United States through Atlantic Ocean and started in New York. As an example we have the railroad which moved from Northeast to Southwest since 1830.
One response to the series of failures and bankruptcies was an upsurge in business consolidations and new leadership was needed for the next century. But to avoid the Panic is was necessary to avoid Civil War and proposals to adapt urbanization and industrialization in order to transform the economy of the country.
The first one would be your answer, Imposing British governors in the colonies.
This is true.
It backfired however since it not only ruined importing but exporting as well since people made their own tariffs then in other countries. This was the second highest set of tariffs in United States history and in actuality it just made the great depression worse than it was previously because it almost ruined the economy.
No because it is not made of magnetic substances
