DBQ Depression Essay Draft There are many opinions on the Great Depression. The stock market crash was a big part of this problem. Taxes and tariffs on imports did not help either. What came after the crash was the bad part. The stock crash and tolls are what caused the Great Depression.
Monopolies in America during the late nineteenth century held various effects on the nation’s economy. They increased the amount of jobs for the struggling, provided necessary capital, and introduced new inventions that are still used today. On the other hand, monopolies continued the spread of corruption in enterprise. The creation of monopolies brought forth multiple benefits for the country. Rockefeller stated that with monopolies came expansion of business.
In the 1890’s, the United States began to act like a great power. At that time, it had passed a period of crisis; the civil war, industrialization, immigration and the aftermath of the Reconstruction era added to anxiety of its economic crisis. Imperialism was called upon to aid in this crisis because it would create a system of foreign relations based on the exchange of goods, but it did so without understanding the consequences of its actions. One way the exchange of goods was used in creating foreign relations was through corporations. Corporations at the time went abroad to look for resources that the continental United States did not have, such as bananas and coffee.
Economic nationalism began to develop in America during Monroe’s presidency, in what became known as “the American System”. One component of this was protective
Henry Clay believed that the future success of the Americas was to be dictated by the effectiveness of “The American System”. After the war of 1812, the United States was flooded with imports from Great Britain. Coffee, tea, textiles, sugar, and many other items were delivered to American ports by multiple British manufacturers as they unloaded their inventories into the American market. While these products helped fulfill the stifled demand for inexpensive consumer goods, they undermined domestic manufacturing in America. In order to generate more revenue, the United States began by putting in place high tariffs to help protect its domestic industries.
In the late nineteenth century there were many key technological developments the account for the American industrial growth. Technological developments were not the only thing that contributed to the rise of the American industry: raw materials, labor supply, entrepreneurs, federal government, and and an expanding domestic market. Although there were many contributing factors, technological development was one of the principal sources to industrial growth in the late-nineteenth century. In the late 1800’s Cyrus Field created a transatlantic telegraph cable to Europe and in the next ten year Alexander Graham Bell developed the first telephone taking the communication era to new heights.
United States Imperialism in the late 19th century was very selfish time. Many people in that time, debated about whether are not benefiting our country was the right way or the wrong way. The motiving factors that impacted our imperialism are economic, military, and cultural. These factors impacted the American Imperialism from 1890-194 by having control over weaker territories meeting our expanding needs.
In the first half of the nineteenth century, economic differences increased. When the cotton gin was invented, it had caused the south to have a totally different economic path than the north. (246). Eventually, the
Modern day America is an economic superpower. However, one and a half centuries ago, this was not the case. In the late 1800’s there was a large boom in terms of population and industrialization in the United States. From this stemmed many new technological innovations, innovations which could be applied to the creation of alluring products for the masses. This led to the rise of a prominent American consumer culture, which was a driving force in the great economic growth of the Gilded Age.
The US was not always as big and powerful as it is today; there was a long journey to come this far. The US was a democratic republic and was built on a foundation consisting of a representative government that promotes individual freedom and liberty. As they strived to compete with the powerful nations of Europe on their way to becoming a world power, they had to abandon their isolationist ways and move toward a policy of imperialism. Their military and economic conquests showed a disregard for those very foundations with which their country was built upon. The way the Native Americans were treated dates back to Indian Removal Act of 1830.
In a time, in 1865, Reconstruction was ending. The Compromise of 1877 led the Republicans to end their fight for racial equality. This led to Rutherford B. Hayes, the President of the United States, to pull out troops from the South causing the Republican Party to dismiss. The end of Reconstruction brought America to imperialism. Imperialism allowed for America to gain more power by taking over territories aggressively.
The nineteenth century isolationism was a movement of the United States to become an independent nation. They did not want allies and they wanted to be their own country. Meaning they did not want to be part of the UN. A lot of countries at the tim were becoming independent at the time because they felt compelled as a nation to come together in union. A lot of countries did not realize at the time that because their was a strong sense of nationalism.
A great change United States history was the development of the country as a whole, regarding its magnitude in land mass and overall spread of acquired territory. Also known as the Age of American Imperialism, this significant expansion came about from foreign relations with other nations. Through peaceful negotiations, as well as violent conflicts, the U.S.’s sphere of influence and control expanded across various bodies of water. Increased involvement with world relations triggered a shift in power from one side of the world to the other, which would lead to the establishment of the U.S. as a world power, or an independent entity powerful enough to bring change on a global scale. Foreign relations between the U.S. and other nations during the late 1800s and early 1900s increased and became more complex as their involvement within global affairs likewise intensified.
In both the early and late 19th century there were a lot of things that contributed to the growth of America. Economically, during this point in time there was extreme growth. Up to the end of the Civil war, the way people went about life was about to change even more than what has already changed in the last fifty years. Post-Civil war, over 4 million slaves were freed. They migrated and assimilated towards the pacific coast and towards northern states.
At the start of the 19th century, America was already expanding its territory. In 1803, the United States of America had bought the Louisiana Territory, it was bought from France which had made the country two times larger. In 1819 Spain had given up their territory of Florida to the United States. President Monroe issued the “Monroe Doctrine” in 1823, its main purpose was to warn the European countries to not enter the Western Hemisphere. In order for America to achieve its goal of becoming an imperialist nation they had conquered other countries economically, culturally, and with a strong military in the late 1800’s.
