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How did the Industrial Revolution affect the American economy?
The Industrial Revolution reduced the time required to make things, which in turn, fueled mass production. It also helped raise the standard of living for Americans and allowed for more consumer spending, aiding the economy.
What impact has the Industrial Revolution had on the world?
Rise of American capitalistic economy. Assembly lines- mass production. URBANIZATION.
Did the us economy collapse in World War 2?
No, The war actually brought the United States out of the Great Depression. Increased war production and mobilization of the entire country saw our industrial output skyrocket.
What organization was formed during the Great Depression?
CCC TVA Social Security WPA All of those things are acronyms created by FDR's administration to help the economy and create jobs during the depression until the U.S. came out of the depression at the start of production for World War Two.
How is the American economy different today than it was in the early 20th century?
In the early 20th Century the American Economy was more industrial based. The American Economy in the 21st Century has seen an outsourcing of much of the industrial sector to economies that have "cheaper" labor. The current American Economy is more technologically and scientifically based.
Is the economy of Mexico agricultural or industrial?
It is a mixed economy, but industrial production has outpaced agricultural production since 40 years ago.
How did the war affect the Europe economy?
The war in Europe affected the American economy by creating a massive increase in US industrial production as well as stable prices.
How did the Industrial Revolution affect the American economy?
The Industrial Revolution reduced the time required to make things, which in turn, fueled mass production. It also helped raise the standard of living for Americans and allowed for more consumer spending, aiding the economy.
What impact has the Industrial Revolution had on the world?
Rise of American capitalistic economy. Assembly lines- mass production. URBANIZATION.
Why was the American economy was Allies best weapon?
The industrial capacity of the US when converted to wartime production insured a steady flow war material to the Allies.
Did the us economy collapse in World War 2?
No, The war actually brought the United States out of the Great Depression. Increased war production and mobilization of the entire country saw our industrial output skyrocket.
What organization was formed during the Great Depression?
CCC TVA Social Security WPA All of those things are acronyms created by FDR's administration to help the economy and create jobs during the depression until the U.S. came out of the depression at the start of production for World War Two.
How is the American economy different today than it was in the early 20th century?
In the early 20th Century the American Economy was more industrial based. The American Economy in the 21st Century has seen an outsourcing of much of the industrial sector to economies that have "cheaper" labor. The current American Economy is more technologically and scientifically based.
Which of theses statements is true of the American economy between 1929 and 1931?
Between 1929 and 1931, the American economy experienced a severe downturn marked by the Great Depression, which began with the stock market crash in October 1929. Unemployment rates skyrocketed, reaching about 25% by 1933, and many banks failed, leading to a significant contraction in consumer spending and investment. Additionally, industrial production fell dramatically, and the economy struggled with deflation and reduced economic output during this period.
What is the American depression?
When the American economy in the 1920's boomed and then busted. Much money was lost
Why did the us depression lead to world depression?
Yup, since the american economy was so big and important in the world.
What are economies?
Economy means the financial and industrial system of a country. Economy consisted of 3 things. The 3 things that the economy has is production, distribution or trade.
