Natural resources, business management, and capital and technology all played a major role in the development of industrial America from 1865 to 1900. Many industries in the U.S. including oil, salt, sugar, tobacco, and meatpacking were highly stimulated. Competition soared and that's when these fundamentals came into play. Natural resources such as petroleum began major industry in the United States. Petroleum was turned into oil and replaced animal tallow as the major lubricant. It was also …
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showed last 75 words of 366 total
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