Question

cornell notes aice international chapter 1. empire and the emergence of world powers name: dylan p source: cambridge textbook pgs. 34 - 36 1.4 why did the usa emerge as a world power and what was the impact on international relations? learning objective: (should be answered in the summary) 1.4b: describe the causes of the economic growth and need for trade in the usa in the 19th century. questions: what were the causes that led usa to economic transformation & industrial growth. notes: causes of economic transformation and industrial growth in the 19th century usa included abundant natural resources, a growing population providing a large labor force, technological innovations like the invention of the cotton gin and the development of the railroad system which improved transportation and access to markets. output in key industries grew the need for trade in the late 1800s was driven by the surplus of goods produced by the expanding industries, the search for new raw materials and the desire to increase economic influence abroad. 1893 economic downturn causes: over speculation in the railroad and real estate industry effects: a decline in silver production leading to currency unrest and a drop in international demand for american goods. its effects include widespread business failure, high unemployment rates and a decrease in consumer spending. what are tariffs? tariffs imposed on imported goods. republican and democratic views on tariffs republican favored high tariffs. summary: causes for economic growth - usa need for trade in late 1800s -

Explanation:

The notes cover the economic growth of the USA in the 19th - century, including causes of economic transformation and industrial growth (abundant natural resources, large labor - force, technological innovations), the need for trade in the late 1800s (driven by surplus goods and search for raw materials), the 1893 economic downturn (caused by over - speculation, with effects like currency issues and business failures), and views on tariffs.

Answer:

Causes for economic growth in 19th - century USA included abundant natural resources, a large labor force from population growth, technological innovations such as the cotton gin and railroad development. The need for trade in the late 1800s was due to surplus goods from expanding industries and the search for new raw materials. The 1893 economic downturn was caused by over - speculation in railroad and real estate, with effects like currency unrest, drop in international demand for American goods, business failures, high unemployment, and decreased consumer spending. Republicans favored high tariffs while Democrats had different views on tariffs.