What was the government's support for business during the industrialization and how did it happen?

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The American Industrial Revolution took off after the Civil War ended in 1865. The factory model of doing business became popular because it allowed businesses to carry out all production in a single building. Machines improved output, and the economy was thriving. The government helped businesses by enforcing regulations that...

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The American Industrial Revolution took off after the Civil War ended in 1865. The factory model of doing business became popular because it allowed businesses to carry out all production in a single building. Machines improved output, and the economy was thriving.

The government helped businesses by enforcing regulations that favored them. For example, state governments provided charters to over 200 banks. This move enabled businesses to have access to credit facilities. Congress offered land to railroad companies. There were plans to build a transcontinental railroad to allow easy movement of goods across the United States. The "free" land from the government made the work easier for the railroad companies, since they didn't have to purchase land. The government also imposed tariffs on imports to protect businesses from foreign competition.

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