What effect did immigration have on the US economy?

Answer 1

If we are measuring the US economy from 1789 to the present day, the US economy went through many changes in its history. Major events such as wars, Immigration restrictions and sometimes laws that restricted Immigration all at some point affected the economy. In the US and in many other industrialized nations that had large amounts of new immigrants, had a major impact on various economies. Speaking generally, immigration in the US and other nations most often brought in peoples of different social & economic backgrounds. For the most part, the economy of the US benefited in that factories were able to expand and had less expensive labor costs.

In specific situations, such as the expansion of the US railroad networks in the 19th Century, Chinese and Irish immigrants provided cheap labor for railroad growth. Railroads with cheap labor costs benefited greatly from this. And in terms of the overall US economy, especially after the US Civil War, because the railroad industry was one of the largest components of the US economy, the entire economy benefited regarding profits.

Answer 2

If we are measuring the US economy from 1789 to the present day, the US economy went through many changes in its history. Major events such as wars, Immigration restrictions and sometimes laws that restricted immigration all at some point affected the economy. In the US and in many other industrialized nations that had large amounts of new immigrants, had a major impact on various economies. Speaking generally, immigration in the US and other nations most often brought in peoples of different social & economic backgrounds. For the most part, the economy of the US benefited in that factories were able to expand and had less expensive labor costs.

In specific situations, such as the expansion of the US railroad networks in the 19th Century, Chinese and Irish immigrants provided cheap labor for railroad growth. Railroads with cheap labor costs benefited greatly from this. And in terms of the overall US economy, especially after the US Civil War, because the railroad industry was one of the largest components of the US economy, the entire economy benefited regarding profits.

Answer 3

If we are measuring the US economy from 1789 to the present day, the US economy went through many changes in its history. Major events such as wars, immigration restrictions and sometimes laws that restricted immigration all at some point affected the economy. In the US and in many other industrialized nations that had large amounts of new immigrants, had a major impact on various economies. Speaking generally, immigration in the US and other nations most often brought in peoples of different social & economic backgrounds. For the most part, the economy of the US benefited in that factories were able to expand and had less expensive labor costs.

In specific situations, such as the expansion of the US railroad networks in the 19th Century, Chinese and Irish immigrants provided cheap labor for railroad growth. Railroads with cheap labor costs benefited greatly from this. And in terms of the overall US economy, especially after the US Civil War, because the railroad industry was one of the largest components of the US economy, the entire economy benefited regarding profits.