Nearly all of America's early immigrants were from European countries and the best practices of their old world were adopted for use in the new world. We see those influences today in farming, building, cooking, education, law, fashion and so on. Our political government and Supreme Court looks to Europe for continued influence today in areas where European socialism might be applied in the USA.
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No, America did not give financial support to Europe after the World War 1.
The Columbian Exchange.
it helped America by
It wasn't the engine being steam-powered as such, nor especially in America; but the development of the railways allowed people and goods to be transported efficiently and reasonably rapidly over long distances. This was the same as in the UK, in Europe, etc.
Railroads ~ Apex :)