The biggest strength I can see for this expansion would be financial growth. Going to a large city means more people and more money. Placing the store in the right area that would allow the store to gain new business. Looking at the other stores, I would suggest placing the store near a hospital or a college. If not there a shopping mall where thousands of people shop every day.
Meanwhile Phelps Dodge had also begun to invest in foreign mining operations in order to keep pace with its competitors, which required huge outlays of capital. Under pressure from a labor force supported by the powerful United Steelworkers union, Phelps Dodge had conceded wage increases averaging 15% per annum throughout the 1970’s for its
Silver Veins The current rate of silver is roughly thirty dollars an ounce. With that being said Mexico and Bolivia would have generated well over 67 billion dollars in silver, and that is if the going rate at the time was only thirty dollars. These two countries were home to two of the most productive silver mines in history. They could easily support the financial needs of their country and government. With that being said the history behind Zacatecas and Potosi has been rocky and rough, but they still held together while their countries changed around them.
The length of railway tracks in Russia increased form 31219 miles in 1891 to 58392 miles by 1904. In the same time period, Russia’s coal production increased from 6.01 million tonnes to 18.67 million tonnes. This shows how the government’s investment in expanding and modernizing the country’s railways resulted in significant economic gains. This was a result of an increased ability to transport raw materials to areas with the greatest population, such as the area surrounding St Petersburg. The railways, particularly the Trans-Siberian railway, also gave Eastern Russia a link to Europe and Western Russia a link to the Pacific Ocean, which made it easier to export Russian goods.
The USA are making money all around the world as well as improving the economies of all of these countries as it provides millions upon millions of jobs and also improves infrastructure for factories. Not only do the USA have global economic influence, but they are also spreading their Western culture and lifestyle which attracts many foreign countries due to the supposedly laid
Advanced manufacturing technologies have altered long-standing patterns of productivity and employment. [The improvements in] air and sea transportation [have] greatly accelerated the worldwide flow of people and goods” to the greater expanses of the globe (Globalization of Technology: International Perspectives, p. 1). With all of the abilities of the new technologies, undeveloped countries will be back in the game, so to
Pebble Mine The Pebble deposit is a massive deposit of gold, copper and molybdenum, located in the headwaters of the Kvichak and Nushagak Rivers. The Pebble Mine is an idea to set up a mine at those sites and take those resources out of the ground. If built, it would be one of the largest mines ever, measuring 2 miles wide and up to 2,000 feet deep. Like all other projects like this, the Pebble Mine has many pros as well as cons. One pro of this idea is that they construction of this mine and the mine itself will create thousands of new jobs.
Industrial Giant American manufacturing flourished for many reasons, for one new natural resources were discovered and exploited steadily, thereby increasing opportunities. These opportunities, in turn, attracted the brightest and most energetic and expanding population. The growth of the country added constantly to the size of the national market, and protective tariffs shielded that market from foreign competition. The foreign capitals entered the market freely, in part because tariffs kept out so many foreign goods. The first big business was railroads in 1886 by Charles Francis Adams, Jr.
Throughout the centuries, many technologies have been invented that have brought industries and manufactures to the world which creates jobs for everyone. As the world changes, more and more companies are producing a variety of goods and occupations to fulfill the needs for people. The economies of the different countries have grown rapidly especially in the developed countries; however, many developed countries, such as the United States of America, are migrating their companies to other developing countries in order to reduce the labor cost in the financial market. The outsourcing in other countries has giving many benefits to the U.S. economy in the short run as well as in the long run. Should America continue outsourcing because of the
business, especially on the international level, industrialization had a very big impact, as shown in Document 5. On the graph, it showed how from 1870 to 1920, there was a very noticeable increase in the amount of money the United States gained because of their business in international markets. This could have been caused also by the rise of big businesses and new policies that were being made, as well as because of the invention and manufacturing of many new things. It is clear that the value of their exports increased dramatically, allowing U.S. business to rise. In conclusion, there were many social, economic, and political reactions cause by industrialization and urbanization between 1890 and 1920.