• Words to Know
• Republican legislation during the Civil War
• The National Bank Act of 1863
• Laissez-faire policy
• New industry
• Capital
• The changing nation
• The New York Stock Exchange
• Black Friday
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The foundations of industrialism (the social system that results from an economy based on large-scale industries) were established in the United States during the first wave of industrialization, or the development of industry, which occurred between the American Revolution (1775–83; the American colonists'...