Explain Why the American Economy Expanded so Much and so Fast Between 1890 and 1920.

Explain why the the Statesn rescue expanded so much and so fast between 1890 and 1920. Between 1890 and 1920, the American preservation expanded hugely at an extremely fast pace. This growth saw, by 1900, people employed in manu detailuring, mining, construction and services rise from 4 zillion to 18 million and the USA was producing 30% of the worlds manufacture goods. There were many brokers that caused this growth such as the development of the railways, immigration, a king-size supply of rude(a) resources, the idea of the American Dream and monopolies.One of the king-sizedgest factors of the rapid economic expansion was the development in deportation and communication systems. The development of the railway provided links that allowed the creation of a national market and access to painful materials. Also, the building of the railroads was a stimulus to industrial development in itself. By 1890, the revenue from railroads was over $1,000 million double that of the federa l government, and the mileage had increased from 30,000 miles to over 190,000 between 1860 and 1900.This development of the railway was partly collectable to the mass immigration that came from Europe. The huge, sudden growth in population formed an unending supply if cheap, hot labour. Men were paid considerably small wages to complete tasks such as building the railways. Developments in communications such as the telegraph in 1944 and the telephone in 1876 were also very significant. This allowed large musical scale management to communicate effectively nationwide and meant that companies could establish operations all over the soil with no communication problems.Industrial development, sales and purchases were also now much easier to deal with and wide scale marketing and advertising spread across the West. Another important factor of the economic growth is the fact that America had an almost unlimited supply of useful natural resources such as coal, iron, lead, copper and ti mber. These striking numbers of natural materials meant that America could almost become self sufficient and needed not to swan on other countries in order to be stable. The USA was able to put high tariffs on the land to protect their goods from foreign competition and the development of he railway meant that the transport of these goods from bit to place was made much easier. Further more, the powerful entrepreneurs, such as J. P. Morgan, the Rockefellers of New York and Carnegie also played a big part in this economy expansion. The fact that there was b atomic number 18ly any regulations on big wrinkle meant that people could pretty much do as they pleased when it came to business and companies. These entrepreneurs, compulsive much of the economy and the political scene, had a huge amount of control over production and marketing.The development of monopolies with one tauten controlling an entire market with absolutely no competition, and vertical immigration with one firm c ontrolling all stages of production, these firms were able to become very powerful and rich. This idea of money and power spread to the common citizens in America and became a source of inspiration. These entrepreneurs were living proof of the American Dream and gave people more reason to believe that if they too worked hard, they would achieve success.The American Dream was a big pull factor for immigrants. It gave the immigrants hope and belief that they could move to the USA and start a new life. In conclusion, there are many explanations and reasons as to why Americas economy expanded so much in such a small period of time. The rise of big business meant that the economy was thriving and America were almost self sufficient. However, evidently the arrival of immigrants was a huge factor as they mostly strengthened the entire railroad system, allowing huge advances and developments to be made.