Industrial capability and production increase

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From the mid 1800s forward, our economy will begin to take off as our industrial capability and production increase. We described U.S. manufacturing as being largely characterized by labor-saving technology.

What do we mean by labor-saving technology?

Why did U.S. manufacturers pursue the creation of labor-saving technology? (hint: the British did not. This could be a good contrast for you to explain why).

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Economics

ECONOMICS 576

Reference no: EM133223088

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