How can sulfuric acid be an indicator of a country's economic strength?

Answer 1

Sulfuric acid is one of the most widely used industrial chemicals. Because of its importance, sulfuric acid was considered an excellent indicator of a country's industrial wellbeing. Sulfuric acid production closely mirrors historical events affecting the world economy. During periods of or political or economic upheaval production of sulfuric acid dropped, during the First and Second World Wars and the period after

the Second World War there was great economic growth and this was reflected

by ever-increasing sulfuric acid production. Two other chemicals,

caustic soda and ammonia, display the same basic trends.

Answer 2

Sulfuric acid's demand and production levels can indicate a country's industrial activity and manufacturing output, which are generally linked to economic strength. Higher usage of sulfuric acid often suggests a growing economy with increased infrastructure development, mining, and agriculture sectors. Additionally, prices of sulfuric acid can reflect supply and demand dynamics in the global market, influencing a country's economic performance.