What Were Two Economic Drivers Of U.S. Territories Expansion?
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What Are Two Economic Reasons For United States Expansion?
There were several compelling economic factors that drove the expansion of the United States during the late 19th century. Two prominent reasons for this expansion were the lure of newfound wealth through the Gold Rush and mining opportunities, particularly the discovery of silver in Nevada. The Gold Rushes, such as the famous California Gold Rush, attracted fortune seekers from across the country and beyond, eager to stake their claim to precious metals. Additionally, the prospect of participating in the burgeoning cattle industry, with the allure of becoming a “cowboy,” was another economic motivator for expansion. The development of railroads played a pivotal role in facilitating westward expansion, enabling faster travel and ensuring the ready availability of supplies, both of which were crucial for economic growth. Furthermore, the Homestead Act offered the tantalizing opportunity to acquire land at an affordable price, making it an attractive option for those seeking economic prosperity through land ownership. These economic factors collectively spurred the United States’ expansion and shaped its economic landscape during this transformative period.
What Are 2 Reasons Why The United States Decided To Expand Overseas?
The United States embarked on a period of overseas expansion between 1880 and 1929 for several compelling reasons. Two key motivations for this expansion were the military opportunities presented by foreign territories, exemplified by events like the strategic significance of Pearl Harbor, and the pursuit of domestic and political objectives that the United States deemed necessary to fulfill on the global stage. These factors collectively drove the nation’s expansionist policies during this period.
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Some saw lucrative economic opportunities in the vast stretches of arable land and superb Pacific Coast ports. Others dreamed of the romance of settling uncharted terrain, or thought the United States should expand rapidly across the continent before foreign nations could do so.Gold rush and mining opportunities (silver in Nevada) The opportunity to work in the cattle industry; to be a “cowboy” Faster travel to the West by railroad; availability of supplies due to the railroad. The opportunity to own land cheaply under the Homestead Act.There were many reasons as to why the United States began to expand between 1880-1929, two of which include the military opportunities countries abroad had to offer, such as Pearl Harbor, as well as the domestic and political objectives the U.S. felt obligated to fulfill.
- Economic competition among industrial nations.
- Political and military competition, including the creation of a strong naval force.
- A belief in the racial and cultural superiority of people of Anglo-Saxon descent.
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