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The answer to this question is Service
Over the past 20 years, the type of company that has taken over the market in united states are dominated by service industry.
For example, Google that provides various type of Internet-related service, Facebook that provides social media service, Uber that provide transportation booking service, etc.
Over the past 20 years, the type of company that has taken over the market in united states are dominated by service industry.
For example, Google that provides various type of Internet-related service, Facebook that provides social media service, Uber that provide transportation booking service, etc.
The Industrial Revolution shifted from an agrarian economy to a manufacturing economy where products were no longer made solely by hand but by machines. This led to increased production and efficiency, lower prices, more goods, improved wages, and migration from rural areas to urban areas.
How did industrialization transform the American economy?
Old industries expanded and many new ones, including petroleum refining, steel manufacturing, and electrical power, emerged. Railroads expanded significantly, bringing even remote parts of the country into a national market economy. Industrial growth transformed American society.
What effects did the Industrial Revolution have on the US economy?
It created jobs for workers, contributed to the wealth of the nation, and increased the production of goods which eventually lead to a raised standard of living, healthier diets, better housing, cheaper mass-produced clothing, higher wages, shorter hours and better working conditions after labour unions were formed.
Learn more about the American economy here: https://brainly.com/question/5936607
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