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It is very evident from different periods that different historical period has left its marks on American economy. All those periods have laid strong base for modern world’s economic super power.
Colonial American economy was mainly driven by agriculture. The country tilted towards industrialization from the time of independence. All the industrialization was expanded in 18th century. It started long back in 1776. In that period economy of time 13 original colonies were very strong and stable. At this point of time the country faces great economic expansion as number of population increased and lots of foreign people in fluxed in to the country. People of America became very self sufficient which gave huge boast to their economy. Due to its strategic geographical location, abundant of natural resources has attracted lots of foreigners in to the country. Massachusetts was a great shipping hub. Virginia was an attractive place for business ventures. Fur industry and fishing industry has boosted the local economy very much. Increasing population and foreign trade has developed the American economy at that stage. It was the starting time of global power shifting. At that point of time white free Americans were accustomed with higher life styles (French 149). In that colonial period people of America earned their livelihood on the basis of small farms. As the colonies grew small local industries like gristmills and sawmills came up. Entrepreneurs started their business endeavours. People started farming rice, grew tobacco and indigo. Building ships and sailing them also was very common for creating wealth. It was a very important phase for economic development in America. It is the time when American people started to unleash their entrepreneurial skills.
Americans were fighting for their rights with British people. Britain refused American demand of equality. Americans decided
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This book was created by Conlin, a professor who teaches American history in American colleges, in the year 2009 and revised up to eight times (Conlin, 2010). It attempts to explain the theses statement by providing several details concerning the country’s early history.
Though the war was very extensive and deadly, its cause has never been fully established. Some people attribute it to slavery while others argue that it was necessitated by the economic differences between the North and the South, political factors especially the election of Abraham Lincoln in 1861 and a series of government policies at the time.
The signing of a peace treaty in September of 1783 in Paris successfully saw the successful conclusion of the American Revolution. The treaty served to confirm the state of complete separation of the new nation from the British Empire, which led to the United States assuming possession of most of the territories on the eastern side of River Mississippi and the southern side of the Great Lakes.
Indians first settled in America between 15, 000 and 40000 years ago even before the glaciers melted and submerged the land bridge between Asia and North America. Indians greatly depended on land as a valuable source of their food as well as hunting and fishing.
It was served as the first constitution. Government of the United States of America achieved several significant aspects under the articles of the confederation. On the other hand, there were several failures of government under this article of confederation.
In the Pacific, it was Commodore George Dewey who took the president’s orders as they sailed onto Philippines from Hong Kong to capture the whole of the Spanish fleet in Manila Bay. With their victory, the country named Commodore George
Later, in the nineteenth century, after their discourse against British Imperialism, can the second wave of American Imperialism, which moved beyond the boundaries of their land to overtake other countries. The Monroe Doctrine formed the basis of the American foreign policy in the 19th century.