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What effect did advances in technology in the mid-1800s have on the economy of the Midwest?
Wiki User
∙ 12y ago
they made trains and went west
Wiki User
∙ 12y ago
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What are the Advantages of import oriented economy?
It facilitates peace, advances the country in terms of technology, unites the countries involved and enlightens both countries about their culture and traditions.
Which sector of the Midwest economy is the biggest?
industry
Does advanced technology contribute to your economy?
Yes. As a nation acquires more advanced technology, its manufacturing becomes more efficient, allowing for many of its citizens to enjoy shorter work hours and thus giving them more leisure time in which to spend their money. However, advances in technology can also lead to the mechanization of the workforce and cause people to lose their jobs, so technology can affect an economy both positively and negatively.
How is the economy in the Midwest region of the US?
Find the answer you are looking for on a different computer!
How is the economy changing of the Midwest changing?
Less farming and more cities
Which sector of the Midwest economy is the biggest?
industry
What are the Advantages of import oriented economy?
It facilitates peace, advances the country in terms of technology, unites the countries involved and enlightens both countries about their culture and traditions.
What are the advantages of an import oriented economy?
It facilitates peace, advances the country in terms of technology, unites the countries involved and enlightens both countries about their culture and traditions.
How have innovations in communication technology favored a global economy?
Technological advances have increased the potential for the transportation of goods and individuals globally. This reality encourages a global market approach to business
Is the Midwest growing or declining?
The economy of the Midwest is progressing, typically more than the nation. The Midwest has some of the lowest unemployment rates in the nation as well as some of the fastest growing economies.
Does advanced technology contribute to your economy?
Yes. As a nation acquires more advanced technology, its manufacturing becomes more efficient, allowing for many of its citizens to enjoy shorter work hours and thus giving them more leisure time in which to spend their money. However, advances in technology can also lead to the mechanization of the workforce and cause people to lose their jobs, so technology can affect an economy both positively and negatively.
How did science and technology produce innovative machines?
With advances in science and technology people were able to find ways to make machinery more effective and more economy friendly. Because of these two factors people could create more and more machines which boosted the economy, which therefore funded research for even more effective machines, and on and on.
How is the economy in the Midwest region of the US?
Find the answer you are looking for on a different computer!
How is the economy changing of the Midwest changing?
Less farming and more cities
How does modern technology affect your economy nowadays in the Philippines?
Information corncening technology in our morden economy Information corncening technology in our morden economy Information corncening technology in our morden economy Information corncening technology in our morden economy Information corncening technology in our morden economy Information corncening technology in our morden economy Information corncening technology in our morden economy
What is the process called by which the economics and cultures of many nations become integrated and interrelated?
Globalization is the process by which the economy and cultures of many nations become integrated. The rate of globalization has increased due to advances in technology.
Effects of technology on national economy?
technology benefits and also create problems in an economy. technology used wisely will add growth and development to an economy and if used in an unwisely manner will decrease the speed of growth and development.
