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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meatpacking, automobile, and construction
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railroads, steel and oil
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textile, meatpacking and canals
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political machines, settlement houses and ghettos
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Detailed explanation-1: -The biggest factors that help explain industrial growth in the late 1800’s are Abundant natural resources (coal, iron, oil); Abundant labor supply; Railroads; Labor saving technological advanced and we continued to grow thanks to natural resources.
Detailed explanation-2: -Railroads were the first “big businesses” in the United States.
Detailed explanation-3: -In their capital, size, and sophisticat on of operations, railroads were the biggest businesses of the nineteenth century. The growth of railroads was aided immensely by the tele-graph, which was invented in 1844.
Detailed explanation-4: -How did big businesses shape the American economy in the late 1800’s and early 1900’s? They used railroads to transport their goods and expand their businesses across the country, which helped increase their profit, therefore making America one of the most economically powerful countries in the world.