Foreign investors provided an ensured ongoing domination of the Latin American economy. This caused Latin American countries to remain economically dependent on Western nations.
One reason factory owners employed children because they were significantly cheaper than hiring an adult. "the child is paired one shilling or one shilling and six pence". This shows that it's more cost efficient to hire a child.
Another reason factory owners employed children because of their size. Here is a quote to support this "The smallest child in the factories were scavengers they go under the machine". This shows that if the child is smaller they can do more dangerous jobs than an adult.
I believe the answer is: positive externality
Positive externality refers to The benefit that enjoyed by a third party when the first and second party are conducting a transaction.
When you receive a vaccines, you prevent yourself from becoming a host that could contaminate other people from getting the virus. In the example above, you and your children are the first and second party. And other children are the third party.
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Confederate soldiers sometimes fought because they feared Union victory would result in a society where black people were placed on an even footing with whites. The large majority of Civil War soldiers were native born.
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Industrialization means widespread development of manufacturing vast quantities of goods, employing a large number of people, promoting international market, characterization of specialized skill, science, technology, increasing application of electrical, electronic, computer technologies to enhance productivity.Feb 20, 2016
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