Answer:
Environmental factors to the development of the global economy.
Explanation:
The industrial revolution changed the global economy from 170 to 1900 as it went through different stages of industrialization. The steam engine made it possible to take advantage of resources from fossil fuels, especially coal.
The need for raw materials for factories led colonies to export in exchange for manufacturing goods.
Slow down in economic activity is the result that is most likely to happen when the government raises interest rates in banks.
The Spanish-American War affected U.S. power in Asia by making the U.S. an important power in Asia. With the acquisition of Guam and the Philippines the U.S. increased it's influence in Asia.
- Hopefully this helps a bit more i got it from another question similar to this one.
