How did industrialization in North America compare with the development of industry in South America?
What will be an ideal response?
A. Industrialization
1. North America
a. long history of supplying raw materials
b. high per capita incomes meant there was money for investment
c. large, active merchant marine enabled the country to participate in
global markets
d. high immigration rates from Europe meant that enough manpower
became available to make factory systems viable and ensured
growing domestic demand for the products of industry
e. plenty of coal and iron
f. high tariffs to cut off European competition and foster native industry
2. Latin America
a. wars of independence left them exhausted and divided
b. had to maintain big armies in wariness of each other and to
suppress domestic discontent
c. lacked the north's incentive to mechanize
d. region never fully emerged from colonial-style exploitation
e. favored industrializing economies that could produce cheap goods
1. condemned Latin American economies to underdevelopment
f. new countries were unable to protect their native industries
against European imports
g. locked into a role as producers of primary products
You might also like to view...
Who upset the social order of towns?
A. long-distance traders B. craftsmen C. monks D. mercenaries
What is considered to be one of the most popular Chinese texts ever written?
A) ?Dao De Ching B) ?Tibetan Book of the Dead C) ?Lao Tzu D) ?Akito E) ?Feng Shiu
Why were Algeria and South Africa so much more difficult to expel European colonials from? Did the form of occupation make a difference? What strategic or economic benefits did these countries have that made European states so reluctant to allow independence?
What will be an ideal response?
An oligarchy is a society in which
a. all landowners participate politically. b. all adult males are allowed to vote. c. a hereditary elite controls the power. d. a monarch has total control. e. the wealthy members of society have political power.