Asked by Samantha Saldana on May 15, 2024
Verified
Assess the state of European industrialization at the time of American industrial expansion in the late 19th century.
A) Small-scale, family-owned businesses with a familial concern for employees survived longer in Europe than in the U.S.
B) European businesses had no access to raw materials such as coal and steel until their African colonies supplied began to mine these.
C) European workers were far more docile and complacent than American ones and made industrialization much easier.
D) European economic development depended strongly on capital infusions from the U.S. which grew in size in the 1890s.
European Industrialization
The transformation from agrarian and handicraft economies to industrial and machine-manufacturing dominated societies in Europe, beginning in the late 18th century.
American Industrial Expansion
The phase during which the United States experienced rapid industrial growth, significantly transforming its economy and society in the late 19th and early 20th centuries.
Capital Infusions
The injection of funds into a business or organization, typically to support growth or stabilize financial health.
- Compare American industrialization and labor movements with those in Europe.
Verified Answer
Learning Objectives
- Compare American industrialization and labor movements with those in Europe.
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