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April 26, 2015

Homework Help: American History

Posted by ajo on Wednesday, December 12, 2007 at 3:02pm.

Explain how each of the following government policies encouraged business development: railroad subsidies; tariffs.

I don't really know about how railroad subsidies encouraged business development.
For tariffs, I got this: tariffs were necessary to protect domestic industries from foreign competition.
Please check if I'm correct and give me some ideas about how railroad subsidies encouraged business development.
Thanks a lot!

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