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American Economy History

Title: American Economy History
Category: History
Details: Words: 969 | Pages: 4.1 (approximately 235 words/page)


American Economy History

The rise of the United States as a world power in the twentieth century was based on the reation of a specialized regional structure in the nineteenth century. Four major elements helped evolve America¡¦s nineteenth century regional structure from the agriculture based, post-independence country that it was, into the twentieth century world power it would become. The four main elements are: 1. Improvements in transportation, specifically the development of the railroad system, 2. Growing regional economic …showed first 75 words of 969 total

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showed last 75 words of 969 total…flourish of twentieth century American economy and industry was largely the result of the development of the four nineteenth century elements discussed above. In essence, the American economy grew from a group of distinct regional economies into a unified national unit containing specialized regions. With a strong national economy already in place, America then turned its sights outward, spread its reach globally and began the rise towards its twentieth century position as a world power.

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