USA Is The Second In The Production Of The Automotives.
The first automotive industry came into existence in 1980s and it started in USA. This resulted in the domestic state to become the leading automotive industry in the world. But its two main competitors – Japan and China overtook the world position of USA in the year 2008. The U.S locomotive industries are currently considered to be the second among the largest manufacturer in the world by volume. Approximately these U.S industries produce 8 to 10 million locomotive products annually. USA was the first Nation to produce Automotives. Before 1980s no Nation thought of producing locomotives. USA government with some well established industry owner of the time took initiatives in the formation of automotive industries. The industry started with hundreds of manufacturers and gradually at the end of 1920s it started spreading its market across the world. The automotive industries brought economic stability in the country. Japan and China came much later as her competitor. But before them she was the leading country that supplied automotive parts and automobiles throughout the world. What were the benefits that the American citizens enjoyed? When any great initiatives take place in a nation the citizens benefit many advantages. The advantages are both for the welfare of the nation as well as the advantages is individual. Many citizens those who were in search of a secured job got the opportunity in getting a job. They became economically stable and were able to stand beside their families. Individual family started to become economically stable as a result of which the Nation as a whole started to become economically steady. Instead of riding on horseback they moved out with new vehicles.