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Impact of technology on the economy
Impact of technology on the economy
Impact of technology on the economy
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More handpicked essays just for you.
Impact of technology on the economy
Impact of technology on the economy
Impact of technology on the economy
Don’t take our word for it - see why 10 million students trust us with their essay needs.
One of the most controversial of these is the impact its’ invention had on slavery in America. Instead of slavery becoming obsolete which was the inspiration behind this invention, the cotton gin actually contributed to a massive explosion in the growth of slavery. Whitney thought his invention would decrease the labor involved in production of cotton which in turn would decrease the need for slaves. However, the cotton gin just changed how slaves were used in the production of cotton and did not decrease their need. The cotton gin increased cotton productivity which increased profits for farmers.
The Cotton Gin, never was there an artifact that brought so much prosperity as well as hardship in equal measure. Eli Whitney’s invention which was created in 1793 is often cited by historians as an indirect cause of the American Civil War. The genius of the cotton gin was that it could separate the seed from the cotton, so rather than having armies of slaves picking cotton from sun up to sun down this machine could do the job in half the time. Consider this, now even a small plantation operation could quadruple its bottom line, this caused an even greater boom in the acquisition of slaves. Francis Ellen Watkins stated, “A hundred thousand new-born babes are annually added to the victims of slavery; twenty thousand lives are annually sacrificed
Eli Whitney had a huge influence on America. He invented the Cotton Gin and introduced interchangeable parts to people. His inventions greatly spead up the process for many things. He was born in Massachusetts in 1765 and he died in 1825. His dad was a farmer.
Circa 1800s, America and Europe were divided in their social values, but united in their industrial ambition. Prior to the announcement of industrialization, both American and European manufacturers majorly exploited the skills and resources of Britain. Americans imported British goods, and Britain contributed immensely to European Industrialization circa 1700s. Many of the building blocks to American Marshall Court Nationalistic society were in the form of British innovation via the multiple facets of elementary manufacturing. Examples of British invention include the first commercial electrical telegraph (William Cooke and Charles Wheatstone), practical steam engine (Thomas Newcomen), a sure fire inexpensive process for mass-producing steel (Henry Bessemer), and various other progressive milestones.
New England emerged as the leading manufacturing center as a result of the abundant waterpower the region held for driving new machinery and seaports for shipping goods. The decline of maritime and industry made capital available for manufacturing and the decrease of farming in the region brought ready labor supply. As the factory system expanded, it encouraged the growth of financial businesses such as banking and insurance. Transportation including roads and canals such as Pennsylvania 's Lancaster Turnpike and the Erie Canal stimulated economic growth. Another factor that impacted the region was Eli Whitney 's brilliant mechanical invention of interchangeable parts that became the basis for mass production methods in the new rising factories that were sprouting and
Eli Whitney’s invention of the Cotton Gin in 1793 equalized the refinement of cotton by replacing slave labor with mechanical innovation. This ensured that farmers could focus on raw output rather than refinement. Joined with the slavery and the expansion of the domestic market, the ease of producing such a profitable cash crop created the equal opportunity for upward economic mobility quintessential of democracy. Additionally, egalitarianism in commerce became further attained by the Transportation Revolution, which saw the incorporation of canals and steamboats to ensure that farmers had equal chance to reach profitable markets regardless of location, which previously greatly limited economic prosperity. From 1816 to 1840, the mileage of canals in the United States expanded from 100 miles to 3300 miles, ensuring affordable and quick transportation accessible to all farmers.
Having factories was a big part of the technological advances yet once the idea of interchangeable parts showed up and factories became more productive and ultimately made workers less valuable, while giving many people jobs. Since there were new job opportunities there was a change of population in America for the north there was urbanization according to the Library of Congress’s teacher ’s guide primary source set, “between 1860 and 1900, fourteen million immigrants came to the country, providing workers for an array of industries.” Many people came to work and did not need special skills to get a job. Immigrants and people looking for work could have an opportunity to make money
In 1830 the first steam engine was invented by Peter Cooper which helped start the railroad industry advancing the economy and the country. The North had a lot of transportation advancements that the government helped create and fund like the Erie Canal and the transcontinental railroad which helped the North access other parts of the United States, making manufacturing, production, and trade much easier which led to expansion of the Economy. The South did not have a lot of transportation, compared to the North, which led to the low rate of industrialization and advancement throughout the South and a less thriving. Government funding of explorers like Lewis and Clark helped the West become better understood allowing more people to migrate to the West and advance the nation's economy and
Eli Whitney had thought of this idea where parts of a machine were similar. The reason for this proposal was that it would make machines to construct and made broken parts uncomplicated by replacing it. In a result of this invention, mass production sped up in the US, more people were hired in factories and the US managed to stop relying on foreign goods. This helped the U.S greatly with their regional identity because of their sudden wealth, business and finance.
Slavery had a tremendous impact on all aspects of Virginia. It helped keep Virginia afloat and at the same time slowly helped its downfall. It affected the economy, social, and class system. By having the slaves work the plantations, it let the owners keep the money which in a way made slavery the mainstay of the economy. When the cotton gin was created it became the core of the social and political aspects of
Nevertheless, it promoted creative thinking for a better America. We started getting exceptionally efficient. Eli Whitney, perfected a system of producing muskets with interchangeable parts. Prior to this, they had to make every part by and to every musket. Joseph Henry created the possibility to communicate over long-distances through the telegraph.
This caused America to flourish with new inventions, for example the automobile, household machinery, television, etc. Even old inventions and ideas were improving, like the radio, movies, and the use of advertising. The radio, movies, driving, and buying the various new products became a part of the daily lives. These inventions created a sense of ease for daily lives in America in the 1920s. It made life, jobs, and experiences easier.
The steam engine, invented in 1698, was not put too much use until the 1760’s. Even so they weren’t too good for anything until the they were used in steamboats. Steamboats could travel up river! This was something unheard of in the 1800’s. people could save money and time!
In the 1600s, there were some pros and cons between the American and the British colonial. The colonist had an idea and they called it democracy. Democracy is an organization that the state government control. The colonies had several laws and they would rule themselves. King John of England, had said that they had to obey some laws of the citizens.
During the 1800s, France’s technological improvement was expanding at great rates, a nation put into motion at high-speed. Before Le Châtelier’s birth, in the beginning of the 1800s, Frenchman Nicholas-Louis Robert received acknowledgement for his work after developing one of the first model paper machines. This enabled means of communication (post cards, journals, books and etc). The development was a large leading spark towards technological advancement. What comes after paper anyways?