Asked by Alyssa Jennings on Mar 10, 2024
Verified
Among the key ingredients that propelled the American economy to emerge as the leading industrial power by the beginning of World War I were
A) technological talent.
B) the world's first universal public education system.
C) a large agricultural surplus.
D) entrepreneurial abilities of great industrialists.
E) all of the choices are true.
Technological Talent
Individuals or groups possessing specialized skills and knowledge in technology fields, contributing to innovation and productivity in the economy.
Universal Public Education
A system of education where government funds and provides free school education universally and compulsorily to all children up to a certain age.
Agricultural Surplus
Excess production in agriculture beyond what the producer's community needs for consumption.
- Determine the elements that affect economic growth and the efficiency of agricultural output in the United States.
Verified Answer
TW
Toxic Wolf surviveMar 10, 2024
Final Answer :
E
Explanation :
Each of the choices listed played a significant role in the growth of the American economy in the late 19th and early 20th centuries. Technological talent allowed for the development of new machinery, transportation systems, and communication technologies. The universal public education system provided a literate and skilled workforce, while the large agricultural surplus allowed for a stable food supply and encouraged industrial growth. Finally, the entrepreneurial abilities of great industrialists, such as John D. Rockefeller and Andrew Carnegie, helped to drive innovation and establish large, successful companies.
Learning Objectives
- Determine the elements that affect economic growth and the efficiency of agricultural output in the United States.