Examlex

Solved

Describe the Key Technological Developments That Account for American Industrial

question 12

Essay

Describe the key technological developments that account for American industrial growth in the late nineteenth century.


Definitions:

Tariffs

Taxes imposed on imported or, less commonly, exported goods with the purpose of influencing trade flows, raising government revenue, or protecting domestic industries.

Direct Foreign Investment

Direct Foreign Investment involves an individual or company in one country investing in business interests in another country, typically involving ownership of facilities, properties, or assets.

Chemical Plant

An industrial facility specialized in processing chemicals or chemical compounds to produce a variety of products or raw materials.

World Bank

An international credit institution that extends loans and grants to governmental authorities in needy countries for the objective of completing capital projects.

Related Questions