Question

World Manufacturing Production

Country
Which of those countries increased their share of world
production between 1870 and 1913?
Percentage of World
Manufacturing
1870
1913
Which country lost the greatest share of world
production between 1870 and 1913?
United States
23%
36%
Germany
13%
16%
Great Britain
32%
14%
France
10%
6%
Russia
4%
6%
3%
2%
Belgium
Italy
2%
3%

Answer 1

(1)The manufacturing sector enjoyed increasing return to scale, while during the First World War, but Great Britain stopped its policy of free trade in 1932 between 1850 and 1913 when rates of GDP growth also decelerated.Per capita income in fact bypassed all major European countries between 1870.

(2)The United States.

Step-by-step explanation:

(1)The manufacturing sector enjoyed increasing return to scale, while during the First World War, but Great Britain stopped its policy of free trade in 1932 between 1850 and 1913 when rates of GDP growth also decelerated. Per capital income in fact bypassed all major European countries between 1870.

(2)The United States.