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McCormick's reaper ensured that raising wheat would remain the main economic activity in the Midwest. New machines and new improvements in transportation helped farmers plant more acres of cash crops, crops planted strictly for sale. hope this helped
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South Africa is a capitalist country but very few people really understand in detail what this means. The country's capitalist economy thrived under colonialism and apartheid, and some say it is doing even much better under democracy.
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The Tariff of 1816, also known as the Dallas Tariff, is notable as the first tariff passed by Congress with an explicit function of protecting U.S. manufactured items from overseas competition. Prior to the War of 1812, tariffs had primarily served to raise revenues to operate the national government.
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