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The industrial revolution revolutionized the way Americans produced goods by transitioning from manual labor to machine-based manufacturing. This led to increased efficiency, productivity, and scale of production. It also resulted in the development of new industries, such as textiles, steel, and mechanized farming, which transformed the American economy and contributed to its rapid growth and urbanization.
Virtually no goods are produced in Oman, apart from oil and some mining there is no industrial base.
Why was the U.S. economy so important to the world economy in the 1920s? U.S. factories produced half of the world's industrial goods. The United States owed money to other countries at that time. U.S. citizens imported more goods than any other country. The United States was owed money by other countries.
Goods were produced more efficiently.
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?How will the system accomodate change?
Goods were produced more quickly and cheaply
industrial revolution
manufactured goods were made in factories
United states
Goods were transported, was speed. The railroad made it possible to move people and goods across the country, that were moved in covered wagons before the railroad. Also, the steam engine enabled them to be moved faster by water as well.
Farming produced more goods and needed fewer people.
Goods were produced more efficiently.