1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ch4aika [34]
3 years ago
6

How is the US economy affected by the business practices of the Industrial Revolution

History
1 answer:
photoshop1234 [79]3 years ago
6 0

Answer:

The Industrial Revolution entirely changed the economy of the United States, transforming it to a largely agricultural and plantation based economy to one heavily reliant on factories, production, and urban development. Large businesses became central to the economy, whereas previously small businesses were far more important and prevalent. Inventions such as the steam engine, electricity, and railroads, made it far easier to produce vast amounts of manufactured goods and transport them long distances, which again aided in the rapid development of the economy. The building of railroads all across the country made it possible for farms in Middle America to sell goods to the more heavily populated East Coast, which again greatly aided in their development and growth. It also created a far larger financial sector, which would eventually become the largest in the world by the beginning of the 20th century. The vast amount of resources, workers, and capital available to large businesses made it possible for the American economy to grow exponentially during this period, making the U.S one of the most wealthy and productive nations int the world.

<u><em>I hope its helpful. If I'm incorrect comment please.</em></u>

You might be interested in
Which best explains why Carnegie was famous?
Whitepunk [10]

Answer:

B.

Explanation:

He bought a steel company that he sold off in 1901 for 303 million dollars.

4 0
3 years ago
What was the cause of shay's rebellion? what was its effect in our government?
Pachacha [2.7K]

The rebels during shay's rebellion were ex-Revolutionary War soldiers turned farmers. They opposed state economic policies causing poverty and property foreclosures. This rebellion definitely gave more power to the federal government to keep states in order. It also brought fear to the delegates making them believe the country would fall into anarchy.

Hope this helps

8 0
3 years ago
How did the Columbian Exchange<br> contribute to the increased enslavement of Africans
Sindrei [870]

Answer:

Economically, the population decrease brought by the Columbian Exchange indirectly caused a drastic labor shortage throughout the Americas, which eventually contributed to the establishment of African slavery on a vast scale in the Americas.

Explanation:

7 0
3 years ago
Read 2 more answers
The Napoleonic Wars in Europe promoted which group to declare independence in Spanish Latin America
Tanya [424]

Answer: criollos

Explanation: I don’t have a good explanation but I know that’s the answer.

4 0
3 years ago
Which amendment gave women the right the vote?
tensa zangetsu [6.8K]
19th amendment gave the right for women to vote
7 0
3 years ago
Read 2 more answers
Other questions:
  • How many states were divided in the northwestern Indian during Alexander's invasion?
    13·1 answer
  • According to the constitution, every ten years in the united states _____.
    14·2 answers
  • How did Washington and DuBois differ in their views about rights for blacks?
    11·2 answers
  • What are the steps to amend each constitution? <br><br> will mark as brainliest.
    8·1 answer
  • Which belief defines Christianity as a religion separate from Judaism?
    14·2 answers
  • Why was Richmond considered a symbol of the confederacy
    13·2 answers
  • Which men testified against Nixon during the Watergate hearings?
    10·1 answer
  • How has economic development generally affected women in the global south?
    6·1 answer
  • AHHHH I NEED HELPP. IM NOT GOOD IN SOCIAL STUDIES.​
    13·1 answer
  • "The technology of Arab shipbuilding in the Indian Ocean in that era before the Portuguese arrived was a curious combination of
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!