Answer:
The technological and industrial history of the United States describes the United States' emergence as one of the most technologically advanced nations in the world. The availability of land and literate labor, the absence of a landed aristocracy, the prestige of entrepreneurship, the diversity of climate and large easily accessed upscale and literate markets all contributed to America's rapid industrialization. The availability of capital, development by the free market of navigable rivers and coastal waterways, as well as the abundance of natural resources facilitated the cheap extraction of energy all contributed to America's rapid industrialization. Fast transport by the very large railroad built in the mid-19th century, and the Interstate Highway System built in the late 20th century, enlarged the markets and reduced shipping and production costs. The legal system facilitated business operations and guaranteed contracts. Cut off from Europe by the embargo and the British blockade in the War of 1812 (1807–15), entrepreneurs opened factories in the Northeast that set the stage for rapid industrialization modeled on British innovations.
The United States's recession was for only seven months and eventually lead to the Great Depression in 1929. On the other hand, Germany was much harder due to their debts that are needed to be paid and that was because of the Treaty of Versailles that obliged the Germany to pay the Allied Powers its debt.
International investments have increased as a direct result of globalization and continue to do so. ... The society becomes a developed nation as its workforce begins to attract the investment activity of enough companies to cause the social and economic change necessary to produce a modern industrialized economy.
Colbert believed that in trying to prevent wealth from leaving the country, he tried to make France self-sufficient
