It made it harder for them to import. Other countries did not want to do business with them but would rather use their own resources.
Forced the government to prop up industries.
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the economy was more successful because there were more people. Things were made faster
They established and dominated the new steel and oil industries.
They established and dominated the new steel and oil industries.
They established and dominated the new steel and oil industries.
They established and dominated the new steel and oil industries.
Fossil fuels have a significant impact on the economy as they are a major source of energy for various industries. Fluctuations in fossil fuel prices can affect production costs, consumer prices, and overall economic growth. Additionally, the reliance on fossil fuels can lead to geopolitical tensions and environmental externalities that can further impact the economy.
V. Venkaiah has written: 'Impact of agro-based industries on rural economy' -- subject(s): Agricultural industries, Agriculture, Case studies, Economic aspects of Agriculture, Rural development
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