THE VIRGINIA DYNASTY 1801 1825
AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Factors that contributed to early industrialization in the United States
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Factors that contributed to a decline in agricultural production
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Factors that led to a growth of government regulations
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None of the above
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Detailed explanation-1: -Railroads became a major industry, stimulating other heavy industries such as iron and steel production. These advances in travel and transport helped drive settlement in the western regions of North America and were integral to the nation’s industrialization.
Detailed explanation-2: -A person had to have a lot of capital to buy machines and open a factory. Those who were successful made huge profits with which to buy more machines, put up larger buildings, and purchase supplies in greater quantities at enormous savings. Thus, capital increased far more rapidly than it ever had before.
Detailed explanation-3: -Many different factors contributed to the rise of the Industrial Revolution in Britain. The new inventions, access to raw materials, trade routes and partners, social changes, and a stable government all paved the way for Britain to become an industry-driven country.