The Successful Development

Due to the successful development and implementation of network technology combining uniqueness and collaboration, Michigan grew in the manufacturing and service industries at the turn of the century. A combination of railway and steamship, telegraph, lighthouse, silo in 1900 brought about a revolution in land transportation and travel, created a contemporary consumer society by combining Michigan with the domestic market, and created new technologies. The railroad company drastically reduced travel time and shipping costs, and Michigan proved two important economic successes.

Correctly reading industrialization practices historically and successfully in East Asia suggests that export orientation rather than free trade is a key element of the development policy success. Historically, expansion of exports has accelerated economic growth systematically in all places. However, export growth brings about large-scale economic development, only agriculture produces at least moderate production, the government's modernization forms institutional conditions that contribute to technological improvement, investment in education and transport Contribute to the development of the domestic market. In addition to the pioneers of the Industrial Revolution, European countries did not adopt free trade policies, but instead got the beginning of industrialization through tariffs and quantity control (Morris and Adelman 1988 ch 6).

Market competition is one of the most successful institutions in human history. It is mainly responsible for two of the most important things in human history: the industrial revolution and the decline of international poverty after the war. Poverty was once a natural condition for human beings, but it continued to exist because some countries did not adopt market competition. Unfortunately, there are still major barriers to introducing market competition in these states. In fact, competition in key industries is still hindered. If the industry is not functioning well, the country is still in poverty. If it improves, the economy will grow rapidly