What caused American industry to expand during the late nineteenth century?

BlackTom题目解析

Question

What caused American industry to expand during the late nineteenth century?

BlackTom题目解析

BlackTom AI · Accepted Answer

Let's examine each statement in light of why American industry expanded in the late nineteenth century.
Option a: "a spirit of corporate giving". While philanthropy did occur among some business leaders, this factor is not what drove the broad industrial expansion. It does not explain the scale of investments, factory growth, or nationwide production increases that characterized the era.
Option b: "growth of the domestic market". This is a strong and central factor. A rapidly expanding population, urbanization, railroad networks, and rising incomes created a larger and more diversified domestic demand for manufactured goods, which incentivized firms to scale up production, adopt new technologies, and build bigger factories.
Option c: "strict federal regulation of business". In reality, late 19th-century U.S. policy generally favored laissez-faire economics with relatively limited federal regulation in the core industrial sectors, allowing businesses to expand with fewer constraints. This does not align with the drivers behind industrial growth.
Option d: "declining availability of natural resources". On the contrary, the United States possessed abundant natural resources during this period, and resource availability supported expansion rather than limiting it. A decline in resources would more likely hinder growth, not propel it.
Putting these analyses together, the growth of the domestic market provides the most coherent explanation for why industry expanded: demand from a growing population across a expanding nation created the incentive and profitability needed to invest in larger production capacities. The other options either misstate the regulatory climate, misconstrue the role of philanthropy, or conflict with the resource abundance that powered industrialization.

What caused American industry to expand during the late nineteenth century? BlackTom题目解析

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