Question

What were two main reasons for the success of US industrialization in the early 19th century

Answer 1

5 Higher productivity translated to higher standards of living, a greater demand for other goods, and increased capital investment. Improved technology increased farm output as well, dropping farm product prices and allowing workers to move into other industries.

Answer 2

5 Higher productivity translated to higher standards of living, a greater demand for other goods, and increased capital investment. Improved technology increased farm output as well, dropping farm product prices and allowing workers to move into other industries.