THE VIRGINIA DYNASTY 1801 1825
AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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trusts
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big businesses
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industrialization
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inventions
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Detailed explanation-1: -In the decades following the Civil War, the United States emerged as an industrial giant. Old industries expanded and many new ones, including petroleum refining, steel manufacturing, and electrical power, emerged.
Detailed explanation-2: -There were three major businesses during the Industrial Revolution; the railroad, oil, and steel industries. With the rise of these three major businesses there were many prosperous effects but there were also many repercussions of the growing businesses.
Detailed explanation-3: -Big business grew in the late nineteenth century when new sources of power such as the steam engine, coal, and electricity drove the machines in larger factories that organized production under one roof. Companies could now mass produce standardized goods faster and more efficiently.
Detailed explanation-4: -Railroads were the first “big businesses” in the United States.