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在19世纪后半期,美国工农业生产在技术进步和投资率高等因素的促进下,发展迅猛。1870年,美国工业总产值已占世界工业总产值的1/4。1900年,美国工业总产值超过英国,占世界工业总产值的30％。但是与此同时,美国的工农业产品却受到来自欧洲的激烈竞争。德国和法国正在努力使自己的国家实现工业化。除英国外,欧洲大陆各国都相继提高关税和增
In the latter half of the 19th century, the U.S. industrial and agricultural production was developing rapidly with the promotion of technological progress and high investment rates. The total industrial output value of the United States accounted for one-fourth of the world’s total industrial output in 1870. In 1900, the U.S. industrial output exceeded that of the United Kingdom, accounting for 30% of the world’s industrial output. At the same time, however, the industrial and agricultural products in the United States are subject to fierce competition from Europe. Germany and France are trying to industrialize their country. In addition to the United Kingdom, all countries in continental Europe have successively raised tariffs and increases