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Troyanec [42]
3 years ago
10

During the first half of the 1800s, the U.S. economy experienced explosive growth in output and trade, and a rise in the standar

d of living for many Americans. This dynamic and expansive growth was, in part, a consequence of the rise of factories, a transportation revolution via canal and rail, a communications revolution spurred by invention of the telegraph, increasing agricultural yields and the mechanization of farm equipment, a rising prosperity for financial institutions, and larger cities. Historians call this new economy
History
1 answer:
NeTakaya3 years ago
7 0

Answer:

The Industrial Revolution.

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Globalization is simply defined as the integration and the interaction that takes place among the different economic agents such as individuals, companies, and the governments in different parts of the world.

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