Which of the factors of industrialization does baines cite in the reading?

water power to run machines, rivers for transportation of goods, & natural resources for production.

i do not know if this question has options, but a main impact of the federal reserve act of 1913, which created the federal reserve bank, was the international use of the u.s. dollar, which soon became the world's leading currency - particularly during world war i, since many nations around the world asked the united states for money.

it was the first major victory for the colonists.