What factors contributed to American industrialization in the second half of the nineteenth century?

What will be an ideal response?


Answer: The ideal answer should include:
1. America had abundant natural resources.
2. America enjoyed a large and growing pool of cheap labor.
3. Population growth led to expanded markets.
4. Growing markets and favorable labor conditions encouraged investors to provide capital to
American industry.
5. Federal, state, and local governments provided money, land, and other resources.
6. The American system of government provided stability, commitment to private property, and, initially at least, a reluctance to regulate industry.

History

You might also like to view...

Which of the following statements reflects Robert Reich's warning in his book The Work of Nations (199), excerpted in the textbook?

A) In the evolving worldwide economy, the United States would soon not be able to control its economy. B) The federal government must reduce regulation of business practices in order for the United States to compete successfully in the evolving worldwide economy. C) The United States should increase tariffs on imports to protect American industries from foreign competition. D) The national debt was unsustainable.

History

The purpose of the Fourth Lateran Council was to __________.

A. formalize church discipline throughout the hierarchy B. standardize the papal electoral process C. deny the doctrine of transubstantiation D. revise the measures agreed on in the Third Lateran Council

History

The last capital of the Western Roman emperors and also Theodoric?s capital in the sixth century was

A) Venice. B) Naples. C) Milan. D) Ravenna. E) Rome.

History

Hernán Cortés and the Aztecs battled for control of the Aztec empire, but what ultimately enabled Cortés's victory?

A) ? His marriage to Malintzin B) ? A deadly smallpox epidemic among the Aztecs C) ? Moctezuma's agreement to join forces with Cortés D) ? Cortés's brilliant military strategy E) ? None of these choices

History