0
If the US government took over the auto and steel industries how would this affect our economy?
Wiki User
∙ 12y ago
our mixed economy would become less of a command and more of a traditional economy.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What impact did Andrew Carnegie and john D Rockefeller have on the American economy in the last half of 1800s?
They established and dominated the new steel and oil industries.
What impact did Andrew Carnegie and John D. Rockefeller have on the American economy in the last half of the 1800s?
They established and dominated the new steel and oil industries.
Was the Italian economy like the british centered around the military?
No, the Italian economy was not built around the military, and neither was Great Britain's. But note that growing navies needed steel for their new classes of large armored ship so the economies of the European countries (as well as the US and Japan) expanded their steel industries, which led to jobs in steel mills coal mines, shipyards, railroads, chemical companies, and similar industries that caused their economies to boom.
What are the main industries in China?
the flugicaThere are a variety of main industries in China. Some of these industries include steel, energy, power, as well as manufacturing.
Why do us industries like steel computers and energy need to be protected from foreign competition?
Crucial US industries need to be protected from competition because they contribute heavily to the country's GDP. Computers and steel industries also employ many people in the USA.
How did the growth of steel industry affect other industries?
The growth of the steel industry had a positive effect on other major industries. The steel industry strengthened the building and railroad industries.
How did the huge industrial trust develope in industries such as steel and oil and what was their effect on the economy?
Huge industrial trusts developed in industries such as steel and oil because leaders of these industries, such as Carnegie and Rockefeller, more less or bought off the competition. What effect this ultimately had on the economy is a debated topic, however it was mainly positive, at least in the short term.
How did the huge industrial trusts develop in industries such as steel and oil and what was their effect on the economy?
Huge industrial trusts developed in industries such as steel and oil because leaders of these industries, such as Carnegie and Rockefeller, more less or bought off the competition. What effect this ultimately had on the economy is a debated topic, however it was mainly positive, at least in the short term.
How has Luxembourg maintained a high standard of living?
changing from an economy once dominated by steel manufacturing to a service industries and high-tech firms based economy.
When was Schnitzer Steel Industries created?
Schnitzer Steel Industries was created in 1906.
What is the population of Schnitzer Steel Industries?
The population of Schnitzer Steel Industries is 3,252.
What is Schnitzer Steel Industries's population?
Schnitzer Steel Industries's population is 2,006.
When was General Steel Industries created?
General Steel Industries was created in 1928.
Do the automotive industries use steel wire?
The automotive industries use steel wire
What impact did Andrew Carnegie and john d Rockefeller have on the American economy in the half of the 1800s?
They established and dominated the new steel and oil industries.
What impact did Andrew Carnegie and John D Rockefeller have on the American economy in the last half of the 1800s?
They established and dominated the new steel and oil industries.
What impact did Andrew Carnegie and john D Rockefeller have on the American economy in the last half of 1800s?
They established and dominated the new steel and oil industries.
