Why did a system of enterprise emerge in the US?

Answer 1

A system of enterprise emerged in the U.S. due to several key factors, including abundant Natural Resources, a growing labor force fueled by Immigration, and a culture that emphasized innovation and entrepreneurship. The development of infrastructure, such as railroads and telegraphs, facilitated trade and communication, further promoting economic growth. Additionally, government policies that favored business, such as protective tariffs and land grants, helped nurture the rise of American enterprises. Together, these elements created a dynamic environment for the expansion of capitalism and industrialization.