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Gilded Age
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====Shipping freight and passengers==== [[File:'Sacramento Railroad Station' by William Hahn.JPG|thumb|Sacramento Railroad Station in 1874]] Railroads provided a highly efficient network for shipping freight and passengers throughout the U.S., spurring the evolution of a large national market. This had a transformative impact on most sectors of the economy including manufacturing, [[retail]] and [[wholesale]], agriculture, and finance. The result was an integrated market practically the size of Europe's, with no internal barriers, tariffs, or language barriers to hamper it, and a common financial and legal system to support it.<ref>{{Cite journal |jstor = 2113700|title = Railroads as an Economic Force in American Development|journal = The Journal of Economic History|volume = 4|issue = 1|pages = 1β20|last1 = Jenks|first1 = Leland H.|year = 1944|doi = 10.1017/S002205070008400X| s2cid=154883188 }}</ref>
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