How Did Laissez Faire Influence The Economy In The Gilded Age

Important technological inventions such as the Cotton Gin had been invented before the Civil War to help move the agricultural economy along. However, in the Gilded Age, multiple inventions and changes were made politically, economically, and technologically for the ag economy to endure. Therefore, there were a multitude of good and bad movements for the agriculture economy in this time period.

The Assembly Line was one of the many useful inventions created in the Gilded Age. It was invented by Henry Ford. It was a huge help in the meatpacking industry, and really revolutionised the ability to mass produce meats. This was important to all of the farmers that were involved in the cattle/agricultural industry due to the fact that this increased

This was very true in the Gilded Age Era, and is backed up by multiple instances. One example would be the whole William “Boss” Tweed, political machine abusing their power fiasco. No one could or would interfere with their extreme power and control over everything. This resulted in elections being rigged, and always won in the favor of the Political Machines with the use of immigrants. This made it extremely difficult, pretty much impossible, for the agricultural economy to get what it needs due to the difference in wants between the political machines and them. Therefore, the economy took yet another hit, and struggled even more. This Laissez Faire-Corrupt sort of government certainly did not help the forward progression of the economy that would have boosted the United States economy as a whole, not just the agricultural

These cars had extra insulation filled with ice and other substances so that heat could not get in, and cold could not escape. This was revolutionary as to the fact that it helped transport everything more efficiently and allowed more things to be transported at all. Before the refrigerated rail car, it was hard to keep things good, and they had to be packed in certain ways, which meant you didn’t always get to eat things how you wanted to eat them. This helped prevent the transportation of living livestock, which prevented the decline in health of the animal, and cost less due to freight expenses. This benefited farmers because of the easy transportation of their goods, and less chance of their animal dying on its way to its next location. Therefore, the refrigerated railcar was a solid benefit to their economy. This, of course, would not be beneficial without the invention or completion of the transcontinental railroad.

The transcontinental railroad was completed in 1869. This connected the eastern coast of the United States to the western coast. It also branched off to reach many different places throughout the whole continental U.S. This allowed the easy access to transportation of goods and services. A farmer’s grains, livestock, and any other goods could be easily shipped due to the connected railroads. This helped people in the agricultural industry reach out to the industrial economy