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Technological Innovations

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Content Statement 17

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Technological InnovationsOnline version

Content Statement 17

by Jefferson County ESC
1

European manufacturing road technology competition oil standards automobile American market credit technology

First of all , more people were buying goods , so booming in the country . This was partially due to tariffs on goods that made foreign import less profitable . Installment buying and buying on was very popular for the average American .

The other big factor leading to economic prosperity was . Advancement in the industry , for example , lead to the prosperity of many more industries , such as the construction , the and the steel industries .

Then , improved innovations , like the radio , also contributed to economic prosperity through the new market items that it created .

Improvements in travel contributed to efficiency and profit as well . Growing industrial consolidation is also an example of the economic prosperity in that it was the result of efforts to keep under control .

All the economic well - being , then increased of living in America and the prosperity of the stock .

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