Monday, November 4, 2019

What are five factors that lead to industrialism and immigration?

There are several factors that lead to industrialization and immigration. One factor necessary for industrialization is the availability of resources. These resources are used to manufacture products and also to provide power to the factories making those products.
A second factor that impacts industrialization is the availability of capital. People need to provide funds to invest in various businesses and in new business models. This leads to a third factor, which is the entrepreneurial spirit. People need to be willing to develop new products and to take risks in doing so. Without these people, industrial progress would be much slower.
A fourth factor leading to industrialization and immigration is the need for workers. Without an ample supply of workers, businesses will find it difficult to make products. Historically, immigrants who were looking for work in Europe wanted to come to the United States to hopefully make a better life for themselves and for their families. They heard stories how the streets were paved with gold, which turned out not to be the case for many immigrants. They also heard how there were many opportunities for work in the United States.
Finally, a favorable immigration policy is needed. The United States encouraged immigration to the country for many years. As a result, large numbers of immigrants, especially from north and west Europe, came to the United States with few restrictions in place. While more restrictions eventually were developed for immigrants from south and east Europe, there still were large numbers of immigrants coming to the United States from these countries. With an ample supply of labor, businesses could keep wages low while making large numbers of products.
http://www.angelfire.com/ns/immigration/

http://www.theusaonline.com/history/industrialization.htm

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