US economic power: 1900 How foreign trade influenced American decisions.
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US economic power: 1900 How foreign trade influenced American decisions.
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Transcript of US economic power: 1900 How foreign trade influenced American decisions.
US economic power: 1900
How foreign trade influenced American decisions.
Rural population
Sixty percent of Americans lived in rural areas, with little machine power, no electricity, and (on average) six years of education.
Rural to Urban
Agriculture
American families spent on average 44% of their income on food in 1900 (17% is common today). Food was the largest US export in 1900.
Industry
Favored with a growing population, a continent filled with raw materials and a legal system that rewarded ingenuity, the US became the single largest industrialized nation in 1903.
Shifting to Urban
Immigration
Productivity
Production and Work Loads
Rising Incomes
US Role in World Economy
US-World Incomes
Trade
Trade Partners
Defense Spending
Defense spending was about 1% of GDP in 1900 – mostly on naval costs.
The Empires
Questions for DraftWrite about 600 words (4 standard, typed pages) to answer these questions:
o Aside from the US, were there other nations with a ‘democratic’ style government? Name 2-3 and summarize how their government passed laws, chose leaders, etc.
o The US tradition in foreign affairs (relations with other countries) was to be strictly neutral in all matters of conflict (war, trade restrictions, etc.). How did this tradition begin? Why?
o How did Americans get their news about other nations in 1900?
These remarks will serve as the draft for your first paper. Turn it in on the due date.
