Question

cornell notes aice international chapter 1. empire and the emergence of world powers 1.4 why did the usa emerge as a world power and what was the impact on international relations? name: dylan p source: cambridge textbook pgs. 34 - 30 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: output in key industries grew 1893 economic downturn causes: effects: what are tariffs? republican and democratic views on tariffs summary: causes for economic growth - usa need for trade in late 1800s -

Explanation:

The notes cover historical - economic aspects of 19th - century USA, including growth causes, trade needs, and economic events like the 1893 downturn. They also touch on political views on tariffs.

Answer:

The causes of economic growth in the USA in the 19th century included a large supply of natural resources, a growing population providing a large labor - force and consumer base, technological advancements, and government policies that promoted business and industry. The need for trade in the late 1800s was driven by the surplus of goods produced by the growing industrial sector, seeking new markets overseas. The 1893 economic downturn was caused by over - speculation in the railroad industry, bank failures, and a decline in international trade. Tariffs are taxes on imported goods. Republicans generally favored high tariffs to protect domestic industries, while Democrats often advocated for lower tariffs to promote free trade and lower consumer prices.