In order to determine the answer for this, we much look at the 4 factors of production: land, labor, capital, and entrepreneurship. When it comes to industrialization, those nations that had these four capitals could easily follow suit. These were mostly those countries that were following the capitalist path. Taking America for example, the North was heavily industrialized due to it having plenty land for industries, labor readily available, capital in terms of investments, and people willing to start industries and businesses. Being a capitalist country, the government encouraged new businesses.
They closed their borders and turned inward because they wanted to stop people from learning other religions. Two results are that they could no longer trade and they were confined to themselves.
T∅P
I think i know the answer it might be <span>manifest destiny</span>
Answer:
Please explain it in English so that i can understand
Deregulation was a process of removing federal authority and regulations from certain industries in order to help them prosper more easily. Some industries boomed and some busted, most notable being the savings and loans industry with banks having an easier time to do their business with the people. Some industries weren't affected at all like the agricultural industry, most notably farmers.
