financial problems played a major role in a nationwide economic collapse.
by 1893, 600 banks and 15,000 businesses had failed.
by 1895, 4 million people had lost their jobs.
by 1894, 1/4 of the nation's railroads had been taken over by financial companies.
information from McDougal Littell "The Americans" textbook.
Expansion and the railroad system lead to the boom in the cattle industry. Drought, diseases, a decline in demand, and a harsh winter that killed thousands of heads of cattle all contributed to the bust.
A few factors of the sudden economic boom of 1920s in Australian are: - Migrants and refugees from wars - Influences made by British and American on building a developed country - Due to increase in immigration and population, Australians required more food and jobs and that led to a boom on Australia's economy.
Factors included a boom in the railroad industry, steel industry, and oil industry; and an increase in immigration and migration
The railroad was the advancement in technology that directly contributed to the cattle boom. Out in the west they created large cattle kingdoms.
refrigerated railcar
One significant factor that contributed to the enormous industrial boom of the 1900s was government policies that supported business. Another factor was an increasing urban population.
The Industrial Revolution started in England around 1760, beginning in the mid-to-late 1800s and early 1900s felt a racial superiority.
financial problems played a major role in a nationwide economic collapse. by 1893, 600 banks and 15,000 businesses had failed. by 1895, 4 million people had lost their jobs. by 1894, 1/4 of the nation's railroads had been taken over by financial companies. information from McDougal Littell "The Americans" textbook.
the technological boom contributed to the growing industrial strength of the United States
boom
New immigrants were eager for the job opportunities created by the U.S. industrial boom of the late 1800s, meaning mostly factory jobs.
Expansion and the railroad system lead to the boom in the cattle industry. Drought, diseases, a decline in demand, and a harsh winter that killed thousands of heads of cattle all contributed to the bust.
A few factors of the sudden economic boom of 1920s in Australian are: - Migrants and refugees from wars - Influences made by British and American on building a developed country - Due to increase in Immigration and population, Australians required more food and jobs and that led to a boom on Australia's economy.
a wealth of natural resources, mechanisation, and government support for business.
A few factors of the sudden economic boom of 1920s in Australian are: - Migrants and refugees from wars - Influences made by British and American on building a developed country - Due to increase in immigration and population, Australians required more food and jobs and that led to a boom on Australia's economy.
the coal industry, which began organizing in the early 1800s
the coal industry, which began organizing in the early 1800s.