Until the end of the civil war, slavery was a significant factor in the agricultural economy of the southern states, and the south entered the second industrial revolution more slowly than the north I studied advanced level history and it basically said because america has vast natural resources and a huge population The us has been one of the world's largest economies since the mckinley administration.
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Why was american capitalism so successful, so unique
Harvard business school's walter friedman not only answers that question but does so in just 150 pages in the recently released american business history
Explore how the united states became the world’s most powerful nation, dominating in politics, economy, military, technology, and culture Discover the key factors behind america’s rise to global supremacy. Why is america the world's richest nation Is it mostly because of the government, or is it thanks to entrepreneurs and businessmen
Historian burt folsom of hillsdale college explains. So what has america done right in the past, and what are the deep strengths that must continue to be nurtured and improved upon (or at least not harmed) by public policy? A plausible list of explanations might include A culture of entrepreneurship and a financial system that supports it, abundant energy, immigration, smaller and more.
The united states might claim a broader democracy.
But how did it become so successful