USA HISTORY

THE VIRGINIA DYNASTY 1801 1825

AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following was a type of assistance a government could provide to encourage industrialization?
A
build roads
B
canals
C
railroads
D
all of the above
Explanation: 

Detailed explanation-1: -Economic and Policy Issues Examples of industrialization are manufacturing (1900s), mining (1930s), transportation (1950s), and retailing (1970s).

Detailed explanation-2: -Industrialization has been instrumental in the economic development of the world. The process has improved productivity and allowed for mass production, which has increased standards of living.

Detailed explanation-3: -Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) It was initiated in the 10th five-year plan in 2005 and works under the Ministry of Rural Development. It is a centrally sponsored scheme with the pattern 90:10. It provides a legal guarantee of at least 100 days of unskilled manual work in rural areas.

There is 1 question to complete.