Not only did it bring in the industrialization but it also changes the lives of the Americans to a great extent. It had made America relatively much stronger than what it was in the previous years and it had just won…
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The country had started as a young and weak nation with loose association of the former colonies and a traditional economy. The country had a major focus on agriculture and it was only now that the country was able move into mechanization. This had not only allowed for a bettered living situation for the normal Americans but also led to higher number of work available for the Americans as well. It was in 1851 that the change was very evident as the producers from various nations had gathered to celebrate the industrialization and this also led to higher number of jobs available for the people of the country. The American economy had emerged to become one of the largest and most productive on the globe and this had led to the major changes in the society, it led to urban population growth and rural population decline. Also the nature of the labor also changes to a great extent. The cities grew and the urban areas of the country expanded fivefold. Also there was an explosion in the growth of the big cities and the industrial revolution and its effects are seen even until the current day. Overall the industrialization has led to a large hop in the economy of the country along with the general public receiving a lot out of the changes as well. It has been a complete win – win situation for both the nation as well the ordinary
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Marx observed the class struggle in which the oppressed reacted against the oppressors. He also described the victory of one class as a pavement to future freedom of the rest of the society and the generations to come. In the past Britain history, several groups emerged each claiming the authority over the other.
This necessity led to industrialization or what is known as import substitution industrialization. ISI led to the development of industrial base in the country. ISI allowed the local supply of consumer goods, difficult to be imported at extremely high rates prevalent in the world after the Second World War.
These factors affect and determine the rates of industrialization for a particular country. This explains the reasons as to why there are varying levels and rates of industrialization in different countries all over the world. For instance, states like the US and Germany have made considerable strides in industrialization and these are comparable to other countries such as the Soviet Union, Japan, China and the UK.
It can also be defined as a government system by which the sovereignty is kept by people and the citizens of that system directly exercise them. (Ernest Dale 2007)
Democracy is one of the powerful sources that are being practiced almost in every country of the world except few.
For many a layman, economic development, which actually means the amount of investments and the amount of capital formation, that leads to savings and investments and capital formation, is just a higher standard of living, better facilities in the form of infrastructure and vehicles, better roads and buildings, more recreation centers.
The industrialisation took place almost in all the countries, but its effects varied from country to country. The industrialization determines the power of a nation in the modern world.
Modern industrialization is often dated as having its origins
Many people were employed in the manufacturing companies that were expanding rapidly. The new industries employed close to 10 million people in the early 20th century. Even though employment opportunities were created through the development of
The view of rocks below reminded me of the long way down if I fall. There was no firm guardrail and the only thing I had to rely on was my footedness, and I was not so sure of it. My legs began to shake and the cold sweat broke out. Suddenly the world started to blur and my thoughts began to take over.
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