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Unformatted text preview: Slowly there was the emergence of the self governance movement. Improving political conditions helped in stabilizing the American economy. Yet, these improvements were not witnessed in the African economy. It led to a lot of development took place in the industries of America with the formation of unions. The World War I brought in a lot of economic set back and destruction. This was the time when USA recovered from the great depression and embraced the path of growth and economic development through focusing on industrial revolution and innovations. The United States of America had several benefits due to large amounts of natural resources that were available to it along with a supportive political and legal system which helped in quick recovery and growth of the American economy. Moreover the supporting entrepreneurship sprit led to the roaring twenties which marked a significant time of development for the American economy....
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This note was uploaded on 01/31/2011 for the course HISTORY 45870 taught by Professor Walker during the Spring '10 term at University of Texas at Austin.
- Spring '10
- Atlantic Slave Trade