Mod 3 Economic History Of The West

Running Head : Economic history in the WestNameUniversityCourseTutorDateThe armament war began in 1914 and was fought in Europe . The immediate regulate of the war could be say to be caused by assassilanded dobriny of Archduke Ferdinnad Franz at Serbia . The military of Ausro-Hungary decided to avenge . This war was verbalize to have been incited by countries like France coupled Kingdom and was ulterior joined by an some different(prenominal) res publicas like United States and Italy among other European countries . This war ended in 1917 and saw Germany defeated and with so many casualtiesAfter the World War I , in that respect came a blockage of great depression (Bender 1999 . The United States of the States referred to it as the great slump There was a worldwide economic devastation . In the US , it was mainly associated with the crashing of the pull out commercialises in 1929 , October . This crash of the securities industry had negative impact on international trade . Income declined and high rate of unemployment was experienced . From the engraft about of the nineteenth centaury , what were in the minds of most Americans were the issues of involution of their filth . This was the imperialism period (Bender , 1999 . This was whereby countries that were powerful have a fited and took control over the weaker nations . This predilection of expansion led to buying of Louisiana to the west . other grime was acquired during the war with the Mexican , during the mid-centaury . In the later 19th centaury and betimes years of 20th centaury so American expand when it acquired the island of hello . The acquisition of these lands brought about a heated disputation amid those opposing the idea of expanding the territory and those for this idea (Bender , 1999 .

In a nutshell America imperialism period was characterized by increase in run rate and trade both within and the overseas market , thus brought economic expansion let alone the political expansion that saw America venture to the Pacific and Asia among other placesDuring this period of 19th and 20th centaury , America became an industrial nation (Bender , 1999 . It had the highest rate of employment in steel , timber , silver and gold , iron and coal among other things There was a real transformation in people s way of bearing history , businesses , and the lop place at large . The main causes of this rapid growth rate in industries can be attributed to warm transport system due to expansion of t he force that facilitated the carry-over of raw materials to the factories and from the factory to the markets in urban areas handiness of gimcrack advertise from the immigrants who were coming in America to work in the mining zones and capital , the advanced technology that transform takings . There were new tools of work that enhanced production examples are the drilling and cutting tools , a lot of resources and ratty cypher . This period also experienced the change of charitable labor to machines . The homemade or traditional workshops became big industries . rural economies changed to industrial ones . It brought about urbanization thus growth of cities . These...If you sine qua non to dumbfound a full essay, order it on our website: BestEssayCheap.com

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