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549. The First Great American Industry

Freakonomics Radio

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The Rise and Fall of Whaling in America

This chapter examines the historical significance of the 19th-century whaling industry, focusing on its economic impact and cultural relevance, especially on Nantucket Island. It explores the evolution of whaling practices, the interactions with native Wampanoag people, and the technological advancements spurred by the industry's growth. Additionally, it highlights the industry's legacy and its role within early capitalism and the broader American economy.

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