"Today we are raising more than we can consume. Today we are making more than we can use. Today our industrial society is congested; there are more workers than there is work. ... Therefore we must find new markets for our produce, new occupations for our capital, new work for our labor."

--Albert Beveridge, quoted in Beveridge and the Progressive Era (Bowers)

Use the quote to answer the question.

1. In what way did Beveridge think overseas expansion would help solve labor problems is the United States?

a. Expansion would bring new foreign markets for American goods, providing more jobs for workers. ***
b. Expansion would bring more immigration to the United States and a stronger labor force.
c. Expansion would provide the United States with access to overseas labor.
d. Expansion would create demand for excess American workers overseas.

Respuesta :

a. expansion would bring new foreign markets for American goods, providing more jobs for workers

Albert Beveridge believed that expansion abroad would help solve the labor problems in the United States as it would bring new foreign markets for American products, providing jobs for workers.

What is economic internationalization?

It is one of the trends of globalization, where companies look for markets in foreign countries in search of profitable gains and competitive advantages.

The internationalization of business abroad can therefore be a good strategy to increase market share, attract investments and new customers, generating more jobs and positioning.

So, the correct answer is:

a. Expansion would bring new foreign markets for American goods, providing more jobs for workers.

Find out more about Internationalization here:

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