This is What Happened and Why it Happened:
By the year 1900 the United States was known as the leading industrial power in the world. The Economic growth of America was the result of many different factors such as, the abundance of natural resources and raw materials like coal, iron, timber and oil, a large labor supply, a growing population which were both due to the masses of immigration that flooded America, a plentiful capital, good benefits from businesses, and many talented entrepreneurs who created many great enterprises.