The Worlds leading Industrial Nation
The Worlds leading Industrial Nation
The United States in the early Twentieth Century went through many changes due to the Industrial Revolution. The United States became the world’s leading Industrial nation due to the innovations, government and business that expanded from not only small towns, but also from coast to coast. Innovations, government, and business paved the way for new and improved ideas, which helped set the United States apart from other countries. Innovations such as the telegraph, and the bessemer process set America on the right track for success. These innovations helped provide Americans with more resources and put America ahead of other countries technology wise. The telegraph was one of the most important innovations in America. The telegraph was the first form of communication that could be sent from long distances. People who received a telegraph message would have to interpret the markings, which were in Morse code. The telegraph “laid the groundwork for the communications revolution that led to those later innovations.” (1) Another innovation that was important was the bessemer process. The bessemer process was the first inexpensive process for the mass production of steel from molten iron. The process is used to remove any impurities from the iron by oxidation with air being blown through the molten iron. Multiple innovations were created all because of just the telegraph and the bessemer process, that is why these two seemed the most important to name. Many people think that innovations were the only thing that impacted America being the leading Industrial nation, but government also had a great impact. The government had a hands-off attitude towards business. The government believed in the principles of laissez-faire economics, which states that “the economic market should run freely without government interference.”(2) “According to the theory, free, unregulated markets led to competition, which in turn led to fair prices
The United States in the early Twentieth Century went through many changes due to the Industrial Revolution. The United States became the world’s leading Industrial nation due to the innovations, government and business that expanded from not only small towns, but also from coast to coast. Innovations, government, and business paved the way for new and improved ideas, which helped set the United States apart from other countries. Innovations such as the telegraph, and the bessemer process set America on the right track for success. These innovations helped provide Americans with more resources and put America ahead of other countries technology wise. The telegraph was one of the most important innovations in America. The telegraph was the first form of communication that could be sent from long distances. People who received a telegraph message would have to interpret the markings, which were in Morse code. The telegraph “laid the groundwork for the communications revolution that led to those later innovations.” (1) Another innovation that was important was the bessemer process. The bessemer process was the first inexpensive process for the mass production of steel from molten iron. The process is used to remove any impurities from the iron by oxidation with air being blown through the molten iron. Multiple innovations were created all because of just the telegraph and the bessemer process, that is why these two seemed the most important to name. Many people think that innovations were the only thing that impacted America being the leading Industrial nation, but government also had a great impact. The government had a hands-off attitude towards business. The government believed in the principles of laissez-faire economics, which states that “the economic market should run freely without government interference.”(2) “According to the theory, free, unregulated markets led to competition, which in turn led to fair prices