Explain the factors that led to the development of industries in the United States of America.
Answer:
- Availability of raw materials ranging from iron ore, oil, copper and a variety
of agricultural products.
- Availability of labour partly from the european immigrates and also the
education system that provided skills needed by industries.
- Well developed transport and communication infrastructure e.g. Roads,
railway lines, water and air transport also telecommunication was developed e.g. Telephone,
fax and internet.
- Scientific innovation and research also led to development of industries.
- The European immigrants came with a lot of scientific knowledge and
research skills.
- Availability of market for finished products both locally and internationally!
- Political stability experienced since America attained its independence
provided a conducive environment for development of industries.
- Availability of source of energy e.g. Hydro elective power, coal, petroleum and atomic energy.
- The enterprising nature of America citizens.
- The government support – the American government especially under president
Franklin Roosevelt and Woodrow Wilson provided funds to develop infrastructure and research