The most significant effect of the industrialization on the US Economy from 1877-1900 is the mass movement of population to the large cities and away from rural areas. You will find significant population increases in the northern industrial cites. A second effect would be a significant shift in wealth. Before Industrialization, a majority of the most wealthy Americans were people who owned large farms. As a result of industrialization, you have people like Rockefeller, Carnegie, and many other captains of Industry make their huge fortunes. A 3rd effect is that Industrialization made the United States a player on the World Scene. The US became a World Power because of the industrialization thus leading to the Spanish American War, the building of the Panama Canal, and eventually WW1.
major money usage and our economy is horrible
CUSFTA stands for Canada-US Free Trade Agreement. The effect on the economy as a result of CUSFTA has been positive because it has led to export growth.
Great Depression
The American Civil War had several positive effects, most notably the abolition of slavery, which led to significant social and economic changes for African Americans. It also fostered a stronger sense of national unity and identity, as the conflict solidified the concept of a unified nation. Additionally, the war accelerated industrialization and modernization in the North, laying the groundwork for America's emergence as a global economic power. Finally, it prompted important advancements in civil rights and set the stage for future movements advocating for equality and justice.
The effects of a nation divided by civil war include a poor economy, poverty, crime and death of the citizens which occurs during the war. Civil war leads some of the citizens into being refugees.
Industrialization helps to strenthen the economy.
with industrialization ca
Alot of effects
Some positive effects include that Industrialization provides jobs, money, and advancement.
Industrialization had a significant effect on cities, including an increase in population. More people moved from rural areas to the cities to find work. Also, there was an increase in pollution because of outputs from the factories.
because it effects whole economy of a country
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This question is too obscure. The effects of what on the economy?
Communism in Russia led to centralized control of the economy, widespread nationalization of industries, and the establishment of a one-party political system. It resulted in significant social and economic changes, including the collectivization of agriculture, rapid industrialization, and the suppression of individual freedoms. Ultimately, the Soviet Union's communist regime had lasting impacts on Russian society, politics, and economy.
Long-term effects of industrialization include significant economic growth and increased productivity, leading to improved living standards for many. However, it also results in environmental degradation, urban overcrowding, and social inequality as wealth becomes concentrated. Additionally, industrialization can lead to shifts in labor markets and the decline of traditional industries, necessitating workforce adaptation and reskilling. Overall, while industrialization drives innovation and development, it presents challenges that require careful management.