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Online Encyclopedia and Dictionary - Canal (150 words) |
 | Inland canals preceded the development of railroads during the Industrial Revolution; some canals were later drained and used as railroad right-of-way. |
| Irrigation canals are man-made waterways for the delivery of water and preceded the use of transportation canals. |
| Canals have found another use in the 21st century, as wayleaves for fibre optic telecommunications networks. |
| Friedrich List Summary (3032 words) |
| Though List's practical conclusions were different from those of Adam Müller (1779-1829), he was largely influenced by Alexander Hamilton and the American School of capitalism rooted in Hamilton's economic principles, but also by the general mode of thinking of America's first Treasury Secretary, and by his strictures on the doctrine of Adam Smith. |
| List contrasted the economic behaviour of an individual with that of a nation. |
| List also had theorised the stages of economic development through which the nations of the temperate zone, which are furnished with all the necessary conditions, naturally pass, in advancing to their normal economic state. |
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