Which of the following statements about the development of the U.S. economy is accurate?
A) Westward expansion thinned out the population and caused a temporary economic stagnation.
B) Westward expansion broke down the integrated businesses and brought more competition.
C) Economic growth resulted in the fall of chartered organizations and increased the power of banks.
D) The Industrial Revolution brought about an economic boom in the United States.

Question

Quizplus · Accepted Answer

The Industrial Revolution significantly transformed the U.S. economy, leading to an economic boom by introducing new technologies and manufacturing processes, which increased production efficiency and economic growth.

Which of the Following Statements About the Development of the U.S