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Industrial Development in the City of Chicago

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Industrial Development in the City of Chicago

21.02.2023
Industrial Development in the City of Chicago

The USA is a highly developed country with a high level of GDP per capita. Although areas such as innovative technologies and scientific research are in the 1st place, the manufacturing sector is also important.

America’s industry is characterized by high territorial concentration. It provides about 20% of the country’s GDP.

The northern sector has large industrial zones, which include Chicago and Detroit. These are centers of metallurgy, production of construction equipment, agricultural machinery.

Chicago is a region where US heavy industry is concentrated. It is represented by such industries as: metallurgy, mechanical engineering, oil refining, electrical engineering. The state of Illinois, whose economic center is Chicago, is the most developed in the United States, it brings a 5th part of the country’s total GDP. The Chicago agglomeration has enterprises for the processing of coal and chemicals.

The most important role belongs to the food industry (livestock, agriculture), as well as woodworking. The first nuclear reactor was built in Chicago. At the moment there are 6 nuclear power plants. The dominant position in the economy is occupied by capitalist monopolies. The largest of them are International Harvester, Pullman (engineering), Food Machinery Corporation (food industry).

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