<span>The 19th century was a period of great change and rapid industrialization. The iron and steel industry spawned new construction materials, the railroads connected the country and the discovery of oil provided a new source of fuel. The discovery of the Spindletop geyser in 1901 drove huge growth in the oil industry. Within a year, more than 1,500 oil companies had been chartered, and oil became the dominant fuel of the 20th century and an integral part of the American economy.</span>
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Saudi Arabia depends on oil and has strong government control over major economic activities. (The Saudi economy is actually the largest in the Arab world) Saudi Arabia has the world's second-largest proven petroleum reserves and the country is the largest exporter of petroleum
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US Democratic Party mostly includes members who are moderate, progressive, or liberal. The Democratic Party is one of the two significant concurrent federal parties in the United States, simultaneously with its opponent, the Republican Party. Democratic Party was established approximately 1828 by followers of Andrew Jackson, making it the world's most magnificent progressive political party.
In the US, the democratic party is an important and most recognized federal party in the United States. The chief characteristics of the party were financial liberalism and social conservativeness.
The foremost components were populism which established in the rural south. The party encouraged the modernized constitutional and whigs.
It supported agrarian concern, nation rights, the ineffective federal administration, and republicanism.
Democratic- republican was the sole party which prevailed during the war of 1812.
Historically, the party has expressed producers, workers, labor associations, spiritual and ethnic minorities as it has rejected uncontrolled banking and investment and supported reformist income charges. In international policy, interventionism was an aggressive declaration from 1913 to the mid-1960s. In the 1930s, the party initiated promoting welfare spending arrangements targeted at the underprivileged people of the nation.
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It was the first religion to be monotheistic