Economic Growth Of The United States During The Late 19th Century

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1)Although the economic growth of the United States during the mid to late 19th century has been attributed to individual hard work and a government policy of laissez faire, it was in fact encouraged and sustained by direct government intervention. There were many very influential and hard-working individuals involved in the United States’ growth during this time, but the major influence that led to the development of the economy of America was direct government intervention. The government directly contributed to the development of transportation, industry, and communication, all of which were the foundations for economic growth. 2)Transportation in the 19th century was revolutionized by the expansion of railroads. The railroads cost

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