How Did The Civil War Impact The American Economy
However, following the Civil War, a new economy was born in the United States, mainly relying on steam-powered manufacturing, the transcontinental railroad, the electric motor, and the practical application of chemistry. Unlike the pre-Civil War economy and business, this new one was dependent on raw materials from around the world and it sold goods not only in Europe, but all around the world. After the Civil War, business organization also expanded in size and scale. As far as industrial changes go, the period after the reconstruction era was affected in that it used more modern methods to make goods that could be sold faster and more efficiently, with the new railroad system. By the beginning of the 20th century, the nation’s industry would be mainly fueled by banking, manufacturing, meat packing, oil refining, railroads, and steel, as opposed to the pre- Civil War era, in which many people were still farmers or factory
After the end of the American Civil War, there was a long period of republican dominated politics. These republican politicians heavily favored industry, and as a result the United States quickly became an industrial powerhouse in the world. Many entrepreneurs, some of which include John Rockefeller, Andrew Carnegie, and Cornelius Vanderbilt, staked their claim in American industry and shaped the post-war nation. The growth of American industry led to major shifts in the structure of American economics, disagreements over the role of the American government, and changes in American lifestyle. The growth of big business resulted in major shifts in the structure of American economics.
After the Civil War, America took a shift in manufacturing and the economy from the Industrial Revolution. The Railroad Industry allows people to develop businesses and learn how to manage sales. Through the Industrial Revolution, a new manufacturing era sparked Big Business. Industry leaders such as Andrew Carnegie and John D. Rockefeller developed new strategies to efficiently produce, sell, and manage their business specialties. These Big Business leaders grew their wealth exponentially, leaving the pay gap between the wealthy and the poor remarkably large.
Thesis : After the Civil War, America was in a post-war boom. During the 1870-1890, big business moguls, such as Rockefeller and Carnegie, create huge corporations which not only affected the economy, but also affected the political realm of America. While many may assume that during the rise of these big business helped to change the economy and politics, the real focus was on the responses formed by society, such as labor unions, increase public outcry, and political opposition groups that helped to change society. A: Economically, big business flourished during the late 1800s.
After the Civil War, the United States had two distinct economies, which is quite significant. The Southern economy was completely damaged by the results of the Civil War. Southerners were forced to readjust their entire economy, because slaves needed to be liberated, leaving slave-owners with no workforce. Meanwhile, in the North, the need to supply Union armies with particularly daily supplies marked the start of an era of industrial development. Which giant corporations essentially emerged known as Big Business.
Rapid economic growth led to the rise of large businesses, and a new class of wealthy Americans
Following the Civil War, the United States was made up of plentiful farms and few cities. In comparison to European countries, such as England, industrialization within the US was significantly slow, and the influx of Western settlers as well as the lack of available labor predicted the country would always stay rural. However, for the subsequent forty years, production and industrialization would surge, the labor force and population would increase, and the US would soon be known as the greatest industrial nation in the world. America’s huge industrial growth from 1860 to 1900 was a result of the Republican Party’s platform and the rise of efficient machinery.
With the Civil war came many changes to America’s economy, specifically to her transportation and labor systems. While the United States’ transportation sector changed positively, the labor system did not, since the loss of slaves took its toll on the South’s economy. Overall, America’s economy changed so much from 1865 to 1880 that the effects can still be seen
Essay Question #3 Some of the economic factors that led to the Civil War were, support from Europe, southern cotton was only dominated by the southern states, slavery, North dominated the South, Texas was forced to join as a slave state, and turning down the idea of Federal taxation. Possession of recent territory from Mexico helped boost the United States economy was another factor including, the spread of US empire in the Pacific, Hawaii, and Japan opening for business in America. Which sadly opened the desire of southern slavery to work on plantations of cotton. The bases on how the South claimed to secede was because, during Lincoln’s election seven southern states removed themselves from the union, in which South Carolina was the first
The civil war had a very profound effect on America and what it has become today. With the civil war many changes took place such as 13th, 14th, and 15th amendment. Women’s rights were put forth into motion. Along with Reconstruction laws being passes and the push back that these laws caused. During this time the south became even more divided and started to take things into account and create their own laws in regards to racism.
Throughout the late nineteenth-century, improvements in transportation and technology drastically changed the circumstances of American life. Immigration into the country brought new demand for goods, jobs, and places to live, pushing America towards a non-agrarian society and creating an entirely new market teeming with opportunity. Primarily due to economic advances for both industry and consumer, industrialization greatly benefitted the United States. Industrialization sparked a major change in the way goods were made, consolidating many small plants and companies into larger, more efficient manufacturing departments. As stated in The Beginnings of “Big Business” in American Industry by Alfred D. Chandler, “The creation of such a manufacturing
The Civil War brought an economic transformation between the tyrannical idea of slavery to a competitive democratic free-labor system (11). The Civil War resulted a shift of economic power from the Southern plantation owners to the manufacturers of the North. In details, the “total value of the North increased 50 percent, while the Southern wealth decreased 60 percent” due to the results of the Civil War (12). The North increased their economic power by destroying or terminating the southern agricultural machinery, slaughtering their livestock and killing one-quarter of their white males of military age (38).
It is eerily personal, as we complete this course reading about the civil war and living through today’s adversarial climate of protesters, division of social, economic and political parties. As Abraham Lincoln said in the Gettysburg Address “and that government of the people, by the people, for the people, shall not perish from this earth” (Lincoln 428). The Civil War, while largely believed to be largely about slavery it appears to me that state’s right played just as an important role in the actual cause and continuance of the war. The division of the states and their prosperity, industry, education and representation in Congress divided this country, much as it is today.
After the Civil War, the unprecedented industrial and agricultural growth in the late nineteenth century was due to several factors. However, the most noteworthy factors include the new transportation and communications systems as these each allowed to boost businesses. Additionally, with the aid of leading entrepreneurs like John D. Rockefeller, Andrew Carnegie, and J. Pierpont Morgan big businesses were created to expand American’s economy. The unprecedented industrial and agricultural growth in the late nineteenth century was stimulated by the rise of new transportation and communication systems.
Industrialization after the Civil War Industrialization after the Civil War The industrialization after the civil war between 1865 and 1920 transformed America into an industrialized and urbanized society. Despite the fact that industrialization brought a lot of advancement, there are different aspects of the American culture that were significantly impacted. This paper discusses the main aspects industrialization, groups affected and its impact on the life of an average person working in the US. Many events occurred after the civil war, and the US society was impacted in various ways (Welke, 2001).
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