The Industrial Revolution was one of the great changes in Western and ultimately
worldhistory. Taking shape toward the end of the 18th century in Great Britain, industrialization dominated th 19th century in Western Europe and North America.
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"The initial purpose for building the canal was to shorten the distance ships had to travel between the Atlantic and Pacific Ocean." - www.worldatlas.com
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Answer: When using the expenditures approach to calculating GDP the components are consumption, investment, government spending, exports, and imports.
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