In: Economics
How did the (physical) environment of the united states impact the economy development of the country in the first half of the nineteenth century?(Hint: these new technologies get developed for reasons...).
Explain in Detail and With Evidence
The United state is the world's largest economy . It is one of the world's largest consumers of natural resources . In the late - nineteenth century the United state was a leading economic power country , and it has absorbed a chief role in the world economy .
The business and economic sectors of United state changed fiercely during the end of the 19th century . Cultivation , which had been the nation's primary employer throughout the 19th century was gently being replaced by industry . The United states was enlarging it's economic interests around the globe and appearing as a world power .
By the end of the decade , Men and women seldom completed for jobs , primarily because of division of labour according to gender . In the industrial sectors , men had ideally hired that required physical strength , when women were hired for low-paying jobs . Although in 19th century half of these women workers were included in farming or domestic services .
In 1900 more than 2 lakhs children under the age of 15 worked in industries for minimum pay . The 1900s witnessed the establishing of numerous agencies that have since become installation in American life . Several vital and violent strikes occured during 1900s because of the great differences in the lifestyles of owners and workers .
The 1900s has a generally cheerful economic viewpoint , the confidence of many people of US was quaked by the sharp stock market drop in 1907 .