Search results
Pennsylvania - Colonial, Revolution, Industry: With the end of the Civil War came a period of great economic, industrial, and population expansion in Pennsylvania. Until well into the 20th century, Pennsylvania was the second most populous state in the country.
At the dawn of the 20th century, Pennsylvania was an industrial powerhouse and international center of technological innovation. Pennsylvanians had little doubt that their state would continue its explosive economic growth producing steel, textiles, locomotives and railroad cars, machine parts, and a broad range of manufactured goods in high ...
People also ask
What were the major economic achievements of the 1920s in Pennsylvania?
What is Pennsylvania Economy?
Why did Pennsylvania grow so much in the 19th century?
What was the economic power of Pennsylvania during the Revolutionary War?
During the 20th century, after the Great Depression of the 1930s and World War II in the 1940s, Pennsylvania moved towards the service and financial industries economically and became a swing state politically.
Although the period from 1920 until the stock market crash of October 1929 was one of great monetary and material growth, Pennsylvania experienced temporary declines during these years in three basic economic sectors: coal, agriculture, and textiles.
Philadelphia, as the major colonial seaport of the 18th century, was the hub of Pennsylvania's early economic de-velopment. Three things helped shake Pennsylvania loose from the founda-tions of a colonial economy. One was her early supremacy in the manufacture of iron.
Pennsylvania has the 6th highest GSP out of the 50 states. During the 19th and early 20th centuries, Pennsylvania was the nation's leading producer of steel. This was due to the state's rich deposits of bituminous (soft) coal and iron ore - two components that are fundamental to the steel industry.
In the twentieth century, the Pennsylvania family farm, still the backbone of the state's economy and an important symbol of the American dream, underwent a series of dramatic transformations. In the early 1900s, the introduction of the gasoline powered machinery, especially tractors, revolutionized farming.
