Industrialization in the United States (1815–60)

Douglass North

Chapter Chapter 3 in The Economics of Take-Off into Sustained Growth, 1963, pp 44-62 from Palgrave Macmillan

Abstract: Abstract The economic growth of the United States clearly accelerated between the end of the second war with England and the Civil War.1 This acceleration is evident not only in ‘extensive’ expansion — increasing output as a result of the vast increase in land and resources, labour, capital, and entrepreneurial talent — but also in the substantial increase in efficiency of productive factors which characterized the period.2

Keywords: Cotton Textile; Sustained Growth; Factor Endowment; Interregional Trade; Natural Resource Endowment (search for similar items in EconPapers)
Date: 1963
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DOI: 10.1007/978-1-349-63959-5_3

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