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One of the major problems that the United States faced during the Twentieth Century was the race of all people. Many people in the United States did not get along with others that were not of their same race which led to many problems.
One major way through which 19-th century industrialists encouraged competition was by privatizing government utility companies such as railway companies. Also, many countries started to allow foreign investors into their borders to compete with locals.
J.P Morgan
They made major decisions and established many documents for their colonies.
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