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Economic Evolution and Revolution in Historical Time$
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Paul W. Rhode, Joshua L. Rosenbloom, and David F. Weiman

Print publication date: 2011

Print ISBN-13: 9780804771856

Published to Stanford Scholarship Online: June 2013

DOI: 10.11126/stanford/9780804771856.001.0001

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PRINTED FROM STANFORD SCHOLARSHIP ONLINE (www.stanford.universitypressscholarship.com). (c) Copyright Stanford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in SSO for personal use.date: 19 October 2019

Natural Resources and Economic Outcomes

Natural Resources and Economic Outcomes

Chapter:
(p.27) Chapter 2 Natural Resources and Economic Outcomes
Source:
Economic Evolution and Revolution in Historical Time
Author(s):

Karen Clay

Publisher:
Stanford University Press
DOI:10.11126/stanford/9780804771856.003.0002

This chapter shows how the economic success of the United States was built on the successful exploitation of its diverse natural resources and complementary innovations in transportation, in science and engineering, and in property rights regimes. It describes how American industrial success continued as a result of its technological lead, and then examines the development of its natural-resource based industries. The chapter also examines the relationship between natural resources, growth, and political outcomes.

Keywords:   economic success, United States, natural resources, innovations, transportation, science, engineering, property rights, growth

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