1. Lower interest rates – reduce the cost of borrowing and increase consumer spending and investment.
2. Increased real wages – if nominal wages grow above inflation then consumers have more disposable to spend.
3.Higher global growth – leading to increased export spending.
The impact that the developments in the steel industry had on the United states was : They made the production of the steel rails cheaper, helping to spread railroad networks throughout the Nation
This eventually lead to better distribution rate for many companies in united states
hope this helps
This was taken from google, basically Aristotle was more observation based and Francis was more facts based, Francis developed the modern scientific method
