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During the 19th century, businessmen responded to economic instability by diversifying their investments and seeking new markets to mitigate risks. Many turned to innovation and technological advancements to improve production efficiency and reduce costs. Additionally, they often lobbied for government policies that would protect their interests, such as tariffs and subsidies, which could stabilize their operations during volatile economic times. Overall, adaptability and strategic planning were key in navigating the challenges posed by economic fluctuations.

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