because they earn it
coal industry
Population growth through immigration, and the expansion of the railroads.
Some industries that benefited from railroad expansion were;the coal industrythe lumber industrythe furniture industrythe steel industry
From 1839 to 1899, the value of American industry saw a dramatic increase, rising from approximately $1.5 billion to around $14 billion. This growth reflects the significant industrialization and expansion of the United States during the 19th century, driven by advancements in technology, the expansion of the railroad system, and a surge in immigration that provided a labor force. The period marked a transformation in the economy, with manufacturing becoming a central component of American economic strength.
The steel industry in America was significantly developed by Andrew Carnegie, who founded the Carnegie Steel Company in 1892. Carnegie's efforts, along with the introduction of the Bessemer process for steel production, revolutionized the industry and made steel more affordable and accessible. By the late 19th century, he had become a leading figure in the American steel industry, contributing to its growth and expansion.
The expansion of the American steel industry and railroads during the civil war was made possible by Andrew Carnegie. Mr. Carnegie was a Scottish American industrialists who is known for leading the steel industry expansion.
expansion of industry and immigration
expansion of industry and immigration
coal industry
Population growth through immigration, and the expansion of the railroads.
America was anxious to catch up to the vast industrial empires the Europeans already held. Financial investments as well as technological advances spurred the expansion of American industry. In addition, various legislation, including tariffs, allowed new companies to gain advantage in their respective industries.
deregulation of the industry and the subsequent expansion of savings and loans institutions into commercial real estate and junk bonds.
The industrial industry underwent a tremendous expansion in the thirty years after the Civil War. The Industrial expansion of the US occurred from 1860 to 1897.
the westward expansion was the cause to the industrial revolution.
Some industries that benefited from railroad expansion were;the coal industrythe lumber industrythe furniture industrythe steel industry
The growing demand of cotton expanded slavery westward as plantation owners sought new suitable.land.
Was a Scottish American industrialist who led the enormous expansion of the American steel industry in the late 19th century. He built a leadership role as a philanthropist. He gave away to charities and foundations about $350 million.