Political stability: The American unity and a long period of political stability due to strong leadership encouraged rapid economic development
Large population: The large population provided market for the industrial products and at the same time industrial labor
Foreign policy: America’s policy of isolation and neutrality in world affairs such as the First and Second World War enabled the country to have an earlier and undisputed industrial take off
Dana05 answered the question on June 14, 2019 at 11:39
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