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Money | Business | Finance on Instagram: "In 1903, whaling was the largest industry in the world, powering homes and businesses through whale oil. But within just 18 months, the entire industry collapsed when petrochemicals and electricity made whale oil obsolete. Entire towns that depended on whaling were abandoned almost overnight. The same happened with the horse industry. Horses once powered every city—transportation, deliveries, and daily life. Governments tried to regulate and tax the prob