During the antebellum period,the federal government assumed

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During the antebellum period, the federal government had little responsibility for most economic matters and left them to private individuals in businesses and households. The government's role in the economy was limited to regulating tariffs, land sales, and currency. The idea of government intervention in the economy would not become widespread until the late 19th century with the rise of progressivism.

During the Antebellum Period,the Federal Government Assumed