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sukhopar [10]
3 years ago
5

How did industrialization in England aid industrialization in the United States?

History
1 answer:
iren [92.7K]3 years ago
6 0
The industrialization in England created a demand for cotton which was produced in the American South. This also created money in England, so that they could invest more in the United States.
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Using your economic knowledge and your research, compose a 350- to 450-word editorial that evaluates the effectiveness of these
NemiM [27]

Answer:

The benefits of trade agreements are not felt evenly by all industries in an economy. In fact, even member nations gain varying advantages by entering into trade agreements. However, despite these drawbacks, the United States continues to act on its commitment to free trade. In 2005, the United States signed a fair trade agreement (FTA) with Australia, and in 2012, it signed a trade protection agreement (TPA) with Colombia. Both agreements have been in force for a while. Now the question is, Have these agreements benefited the US economy? Let’s examine the impact of the bilateral agreements with Colombia and Australia on the US economy.

According to the USTR, the International Trade Commission (ITC) predicted that the United States–Colombia TPA would increase national GDP by $2.5 billion (Office of the US Trade Representative). Under the TPA, US exports to Colombia increased from $12.0 billion in 2010 to $18.3 billion in 2013 (US Department of State). The TPA seems to have delivered on its promise, because according to the USTR, US exports to Colombia increased by 30% in 2013 (Office of the US Trade Representative). So financially, Colombia is a lucrative market for the United States. However, the main opposition to the TPA stemmed from concerns about the terrible labor conditions in Colombia and the violent threats to those seeking to improve labor conditions in a country rife with crime. Although violence is a major concern, the FTA will eventually help both nations by bringing about social and labor reforms through economic activity. By helping Colombia become a peaceful country, the United States can pave the way for increased trade with Colombia in the future.

The United States–Australia FTA received considered opposition in both countries. US dairy farmers, ranchers, and small farmers were anxious about job losses resulting from the free entry of Australian products into the US market. However, if we judge by the boost in exports, the FTA has contributed to overall US economic growth. According to the USTR, in the first five years of the FTA, US exports to Australia increased by 33% (Office of the US Trade Representative). The FTA removed all tariffs on American imports into Australia, giving US exporters barrier-free entry into Australian markets.

The export industry plays a key role in driving economic growth and generating jobs in the United States. Colombia and Australia are two large and important markets for US exporters. The United States faces competition from other nations for access to these markets. By signing trade agreements, American goods can compete effectively in these markets. Although the agreements with Colombia and Australia are opposed for valid reasons, the agreements will benefit the US economy over time

Explanation:

4 0
3 years ago
How long did it take for the declaration of independence to reach all the states?
Aloiza [94]

On July 2, 1776, the Continental Congress voted to approve a motion calling for separation from Britain. The dramatic words of this resolution were added to the closing of the Declaration of Independence. Two days later, on July 4, the declaration was formally adopted by 12 colonies after a revision.

7 0
3 years ago
Read 2 more answers
1. [Part A] Which statement is true about the Aztecs and the Spaniards? *
ololo11 [35]

Answer:

The answer is D, The Spaniards took advantage of the Aztecs.

Explanation:

The Aztecs thought that the Spaniards where their gods, who where white figures coming to take residence in the empire and if the Aztecs did not give them what they wanted they would be killed by the Spaniards. So the Spaniards took all their lavish clothes and gold. The Spaniards kept this up for a while but eventually the Spaniards attacked and destroyed the Aztecs.

4 0
3 years ago
Where did Spain and France and England and The netherlands settle in North America.
DanielleElmas [232]

Answer:

The Spanish lost their stronghold in North America as the French, Dutch, and like Spain, France was a Catholic nation and committed to expanding. He explored the Caribbean in 1601 and the coast of New England in 1603 before traveling farther north. The Lost Colony of Roanoke - settlement and disappearance.

Explanation:

This answer was found online. I hope you find this answer helpful.

5 0
3 years ago
Select the correct answer from each drop-down menu.
lubasha [3.4K]

Based on the information about well-known directors, the following is true:

  • Steven Spielberg - directed episodes of small screen movies and shows.
  • Francis Ford Coppola - soundman, dialogue director, screenplay writer and associate producer before he became a director.

<h3>What are some other activities some famous directors have engaged in?</h3>

Before he became the world famous director he is today, Steven Spielberg directed television programs for small screen movies such as Duel and Colombo.

Francis Ford Coppola worked behind the cameras as a soundman and screenplay writer before becoming a directors using the experience he got from these roles.

Find out more on Francis Ford Coppola at brainly.com/question/9017369.

7 0
2 years ago
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