A group of free enterprise and entrepreneurs made a big impact during the Industrial Revolution by increasing the growth of economy in the United States. Free enterprise operated mostly for profits with little government regulations. With the help of free enterprise, entrepreneurs invested their own money risking to gain more profit in new industry machines. Both free enterprise and entrepreneurs shaped the economy of the United States by providing jobs for those who needed one.
Not only the economy of the United States was wide known, it also had multiple natural resources. The major resource in the United States are coal and iron. These resources was used to create steel, where it was used for railroads that helped the U.S. become a world-wide industrial power.
Black gold made major role during the Industrial Revolution where it was used as light lamps at first then later on used by Edwin L. Drake on a steam engine that drilled oil which started an oil boom that quickly spread on some parts of America. The demand for oil quickly increased due to it being used in automobiles that transported products and people.
Steel was manufactured by removing carbon from iron that produced a lighter and more flexible steel. A famous process called "Bessemer" developed by Henry Bessemer was widely used where they blasted air inside the iron to remove the carbon. Steel was mostly used in every structure during the late 1800's, which led to the U.S. producing 90% of the nation's steel.
Throughout the Industrial Revolution, buildings started to change due to materials used to support it. These materials are steel and etc.
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