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What were equally as important as natural resources in the nation's rapid industrialization?
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∙ 13y ago
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∙ 13y ago
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What natural resources were most important for industrialization-?
The rise of America in the Gilded Age was fueled by steel. The might of nations was measured in tons of steel.
What common goal was shared by the US and European nation during the age of imperialism?
The industrialization of less-developed nations.
Why did industrialized nations became imperialist nations?
Imperialism grew out of industrialization because the industrialized countries needed a steady supply of raw materials. They accomplished this by setting up colonies and exploiting them for resources.
What distinctive advantage did industrialization European nations have over the non industrialized nations of Asia and Africa?
A well-defined infrastructure.
What was a worldwide impact of industrialization?
Industrialized nations exploited their overseas colonies ideologies
If free trade will benefit all nations in the long run why do nations so often establish barriers like tariffs to make free trade impossible?
Because free trade will not benefit all nations equally.It is not possible for all nations to compete in international trade with equality in a free market because resources are not distributed equally.
Why is it important for country to develop as much as industry as possible?
it is important for a country develop as much industry
What factors led the industrialization of other nations after Britain?
The opening of new markets and availability of labor created the demand for inventions that sparked industrialization in Europe.
Why were other nations able to challenge Britain's leadership in industry?
Other nations were able to challenge Britain's leadership in industry due to factors such as their own industrialization, advancements in technology, access to natural resources, and cheaper labor costs. Additionally, competition from other countries led to the decline of Britain's dominance in industry.
What has rapid industrialization in developing nations often a result of?
a growing gap between the rich and the poor.
Explain how scarcity requires indivisual and nations to mak decsions about resources?
Scarcity of resources requires nations and individuals to make informed decisions of how they will utilize the available resources.
If free trade will benefit all nation in the long run why do nations so often establish barriers like tariffs to make free trade impossible?
Because free trade will not benefit all nations equally.It is not possible for all nations to compete in international trade with equality in a free market because resources are not distributed equally.
