Question

All of the following factors that led to industrial growth in the U.S. except.

A)new uses for natural resources
B) Investments by Europeans and American merchants
C)low tariffs on foreign Goods
D)the government policy of laissez-faire
E)all of the above ​

Answer 1

The correct answer is letter C.

Explanation: Since the 1970's, the US economy has absorbed savings from the rest of the world. The phenomenon is the subject of discussion among economists. Like other developed countries, the United States is facing a retracted baby boom, which is already starting to withdraw its Social Security accounts, yet the US population is still young and growing compared to Europe or Japan.