Seven Factors on why the United States Emerged as an Industrial Power

The US emerged as an industrial power, exceeding its rivals England, France, and Germany by 1900 with 4% growth a year because of SEVEN factors:

Natural Resources

Abundant labor (workers) supply

Population increase w/ sophisticated transportation network

Plenty of capital (money) available

New technology and inventions

Friendly pro-business gov’t policy

Talented entrepreneurs who knew that the opportunity to get money for their work was in America

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