Final answer:
During the industrial revolution, the government gave out land grants and subsidies to promote economic growth and development. These grants were given to individuals, officials, priests, temples, and monasteries in order to stimulate local economies and encourage wider economic growth. The government also provided subsidies and loans to support innovative companies and infrastructure projects, such as the construction of railroads.
Step-by-step explanation:
During the Industrial Revolution, the government gave out land grants and subsidies to promote economic growth and development. These grants were given to individuals, officials, priests, temples, and monasteries in order to stimulate local economies and encourage wider economic growth.
The government also provided subsidies and loans to support innovative companies and infrastructure projects, such as the construction of railroads.
Some examples of land grants can be seen during the Reconstruction period in the United States, where the government invested in infrastructure, public education systems, and even provided basic necessities to the poor in order to address economic inequality.