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American textile companies made up two - thirds of all corporations valued over 1 0 0 , 0 0 0 dollars in 1 8 3
American textile companies made up twothirds of all corporations valued over dollars in Why were textile mills so profitable?
a they used cotton sourced from the free labor of slaves, undercutting other textile producers on the market
b they made deals with British merchants to have priority in European markets
c their owners played the stock market and reaped substantial profits
d the British and French textile manufacturers never recovered from the Napoleonic Wars
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