industrial strength Flashcards
How was industrial strength the main reason of economic boom?
American agriculture became the most efficient and productive in the world and the USA led the world in most areas of industry.
Why was the US an industrial strength?
The USA was a vast country, rich in natural resources, with a growing population.It had large supplies of resources such as, timber, iron, coal, minerals, oil and land.
What did this help?
It didn’t need to import many raw materials, and it didn’t need to export all its goods. The home market was large and growing.
Who utilised these resources?
Immigrants provided a plentiful and cheap work force to utilise these resources. This enabled America to become a huge economic power at the beginning of the 20th century. These resources were an important foundation for the economy.
