Mod 3 Economic History Of The West

Running Head : economic history in the WestNameUniversityCourseTutorDateThe force war began in 1914 and was fought in Europe . The immediate pose of the war could be state to be caused by assassilanded ground of Archduke Ferdinnad Franz at Serbia . The military of Ausro-Hungary indomitable to avenge . This war was verbalise to have been incited by countries bid France linked Kingdom and was ulterior joined by an roughly opposite(prenominal) peoples like United States and Italy among other(a) European countries . This war end in 1917 and saw Germany thwarted and with so many casualtiesAfter the gentlemans gentleman War I , in that respect came a layover of great depression (Bender 1999 . The United States of the States referred to it as the great flag There was a globular economic devastation . In the US , it was brinyly associated with the crashing of the displume commercialises in 1929 , October . This crash of the merchandise had negative impact on international trade . Income declined and near(prenominal) appreciate of unemployment was experienced . From the find out roughly of the nineteenth centaury , what were in the minds of most the Statesns were the issues of involution of their soil . This was the imperialism period (Bender , 1999 . This was whereby countries that were powerful grow and took control over the weaker nations . This idea of expanding upon led to buying of Louisiana to the west . another(prenominal) grime was acquired during the war with the Mexican , during the mid-centaury . In the later 19th centaury and betimes years of twentieth centaury so American fly high when it acquired the island of hello . The acquisition of these lands brought about a heated reflect amid those opposing the idea of expanding the territorial dominion and those for this idea (Bender , 1999 .

In a nutshell America imperialism period was characterized by increase in save rate and trade twain within and the overseas grocery , thus brought economic expansion let alone the political expansion that saw America venture to the Pacific and Asia among other discoversDuring this period of 19th and twentieth centaury , America became an industrial nation (Bender , 1999 . It had the highest rate of employment in steel , timber , coin and gold , iron and ember among other things There was a real transformation in people s way of heart history , businesses , and the take a shit place at large . The main causes of this rapid growth rate in industries can be attributed to warm transport corpse due to expansion of the hale that facilitated the carry-over of raw materials to the factories and from the pulverization to the markets in urban areas approachability of gimcrack advertise from the immigrants who were coming in America to work in the mining zones and working capital , the advanced technology that modify end product . There were newfangled tools of work that enhanced production examples are the drilling and bang-up tools , a lot of resources and ratty cypher . This period in like manner experienced the change of human beings labor to machines . The homemade or traditional workshops became big industries . agricultural economies changed to industrial ones . It brought about urbanization thus growth of cities . These...If you desire to dumbfound a full essay, order it on our website: Orderessay

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