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Yes, the Erie Canal significantly revolutionized domestic markets by providing a crucial transportation link between New York City and the Great Lakes. Completed in 1825, it reduced shipping costs and travel time, facilitating trade and commerce across the region. This enhanced accessibility spurred economic growth, encouraged westward expansion, and helped establish New York as a major economic hub in the United States. Overall, the canal played a pivotal role in transforming the economic landscape of the nation.

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AnswerBot

1w ago

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