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According to the Energy Information Administration, consumer demands in the U.S. began to grow more quickly than domestic manufacturing could produce around the early 2000s. This trend was driven by a combination of rising consumer expectations, increased consumption patterns, and limitations in domestic production capacity. As a result, the U.S. increasingly relied on imports to meet the growing demand for goods and services.

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Will a bad credit history in Canada follow you when you move to the US?

Only if the consumer voluntarily reveals the information or finds it necessary to reveal the information to obtain credit in the U.S. It is true that Equifax and TransUnion have bureaus in other countries. However, consumer credit information either good or bad cannot be transferred from one country to another due to the differences in consumer laws, such as the U.S. FCBA, FCPA and so forth. Yes, particularly from Canada, as they and the US share many of the same credit agencies. The best you can do is pay down balances and wait patiently for old accounts to drop off your credit history.


How did manufacturing change after the the civil war?

After the Civil War, manufacturing in the United States experienced significant growth, transitioning from a primarily agrarian economy to an industrial powerhouse. The introduction of new technologies, such as the steam engine and mechanized tools, revolutionized production processes and increased efficiency. Additionally, the expansion of the railroads facilitated the distribution of goods, while a surge in immigration provided a steady labor supply. This period marked the rise of factories and mass production, ultimately leading to urbanization and the establishment of a consumer economy.


How did interchangeable parts affected the lives of people today?

Interchangeable parts revolutionized manufacturing by allowing for standardized components that could be easily assembled and replaced, drastically improving efficiency and reducing production costs. This innovation led to mass production, making goods more affordable and accessible to a wider population. As a result, it laid the foundation for modern assembly line techniques and influenced various industries, ultimately shaping consumer culture and driving economic growth. Today, the principles of interchangeable parts continue to underpin manufacturing processes, impacting everything from electronics to automobiles.


What section do US became a leader in the manufacturing and commerce?

The United States became a leader in manufacturing and commerce primarily during the late 19th and early 20th centuries, particularly in the industrial sector. The rise of factories, advancements in technology, and the expansion of the railroad network facilitated mass production and distribution of goods. Additionally, the development of a consumer economy and innovations in business practices, such as assembly line production, further solidified the U.S. position as a global economic powerhouse. This era marked the transition from an agrarian society to an industrialized economy, setting the stage for America's dominance in global trade.


Which of the following leads to the end of a boom period in the business cycle?

a reduction in consumer demand resulting from inflation

Related Questions

According to the energy information administration when did consumer demand in the US begin to grow more quickly than manufacturing could produce?

According to the Energy Information Administration, consumer demand in the U.S. began to grow more quickly than manufacturing could produce around the mid-2000s. This shift was influenced by factors such as increased consumer spending, changes in lifestyle, and the growing importance of service-oriented economies. The gap between demand and manufacturing capacity became more pronounced during this period, leading to discussions about supply chain challenges and economic sustainability.


Is the United States he largest consumer of electricity?

According to the EIA, or energy information administration, the United States is the largest consumer, producer and net importer of electricity.


According to the energy information administration when did consumer demands in the US begin to grow more quickly than to mystic manufacture could produce?

According to the Energy Information Administration, consumer demand in the U.S. began to grow more quickly than domestic manufacturing could produce in the early 1970s. This period marked a significant shift in the energy landscape, leading to increased reliance on imports to meet the growing energy needs of consumers. Factors such as the oil crises of the 1970s further exacerbated this trend, highlighting the gap between demand and domestic production capabilities.


What does cGMP refer to in FDA regulations?

cGMP refers to "Current Good Manufacturing Practices". This practice is controlled by the Food and Drug Administration. They ensure that medications are safe for the public consumer.


What is FMCG manufacturing?

Fast moving consumer goods


How can you access reliable consumer info?

Consumer information can be found on sites like Consumer World, TLS Data, RJ Consumer, Consumer Information Canada and Consumer FTC Info. There are also other websites available online for you to purchase consumer information.


Explain the support a managerial economist can provide to the top management of a consumer goods manufacturing company?

How would you explain the support a managerial economist can provide to the top management of a consumer goods manufacturing company


What does consumer report say the best car rental company is for 2011?

According to Consumer Reports the best car rental company for 2011 is Enterprise. Consumer Reports also has a lot of information about other car rental companies.


Where can one find information on consumer law?

Information on consumer law can be found on the specific country's government website for consumer law. It can also be found at the National Consumer Agency.


What is a selling directly to consumer with costs included to cover manufacturing advertising and overhead?

a retail


How does information provided by the government infulence consumer decisions?

If the information is reliable and current then it ifulences the consumer to make a decision based on the information provided


Which logo represents a multinational American corporation with a focus on designing and manufacturing consumer electronics?

Sonya