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1. Decline of Britain as an industrial power from the 1880s enabled USA a chance to advance her industries as she had serious
competitor
2. USA philosophy of development based on capitalism is a great encouragement of investors
3. The presence of natural resources such as iron, coal, oil, forests and fisheries used in industries
4. Skilled labour is available from both the local population and immigrant. They work in mines and factories
5. Great scientific innovations in USA which have greatly improved her output
6. Advanced transport system such as railway, road, water and air transport. This facilities movement of people , goods and raw
materials
7. Political stability: this has paved way for industrialization as investors are assured of security
8. The large population provides a ready internal market encouraging investment
9. There have been many enterprising citizens who were ready to venture into new business
johnmulu answered the question on January 31, 2017 at 04:51
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