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Erie canal and market growth
Economic importanceb of Erie canal
Economic importanceb of Erie canal
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More handpicked essays just for you.
Erie canal and market growth
Economic importanceb of Erie canal
Economic importanceb of Erie canal
Don’t take our word for it - see why 10 million students trust us with their essay needs.
With the creation of systems such as steamboats and the Eire Canal, urban systems expanding appearing all over areas such as the Mississippi River. The Eire Canal allowed the Atlantic Ocean to be connected directly to the Great Lakes through New York and Albany, which in turn allowed them to be connected to the Mississippi. The Mississippi and the Great Lakes were already existing natural landscapes, but the creation of the new transportation system of the Eire Canal imposed a new geography to them, allowing them to become a central backbone to the American Transportation system. Transportation choices, such as the Eire Canal, allow the American transportation system to avoid constraints provided by natural landscapes, and fully take advantage of their opportunities. One example of this was the steamboat sublime, which removed the constraints on the Mississippi River that limited the movement of vessels to be only able to travel downstream.
In the 19th century, a major way of transportation was crafted. This was called the Erie Canal. This Canal led to great economic growth throughout the United States. For example, the Canal brought in many people through the seaports in New York which made it more busy than it already was (Doc. 1a). This made New York City grow tremendously between 1830 and 1860 (Doc. 1a).
While canals had been in use for centuries, the construction of the Erie Canal in 1825 marked a significant shift in their use. The Erie Canal connected the Great Lakes to the Atlantic Ocean, providing a new route for goods to move from the Midwest to the East Coast. The success of the Erie Canal led to the construction of numerous other canals, further expanding the transportation network and facilitating economic growth (Larkin, 2004). Finally, steamships played an important role in transportation during this period.
The canal was built by engineers who had no experience (Cortés Lecture October 31). The opening of the Erie Canal stimulated land values along the route, and increased the demand for a wide arrange of trade. This success caused many states to
The Erie Canal played an enormous part in the economic growth in the United States. The Canal helped to cause an increase in industry along the Hudson River. Now, commercial vessels could travel all the way from the Hudson River to Lake Erie (Doc. 1A). This meant that they could bring goods to the people that couldn’t normally get them, because they were too expensive, or they had no way to get to them. Thousands of settlers began to utilize the Erie Canal to move west (OI).
The Erie Canal was important to New York City’s trade for many reasons. First, the Erie Canal created a transportation system that allowed goods to easily flow between the Great lakes and New York City. Second the creation of the canal attracted an influx of farmers who were migrating from New England. This influx of farmers led to the creation of cities like Buffalo, Rochester, and Syracuse along the canal. The Most important effect of the Erie Canal on New York City’s trade was its effect on trade on a larger scale.
The efficiency of the canal was much higher than expected. It increased the value of land, lowered the cost of goods and increased the flow of immigrants (Feller 19). America was on the brink of a period of innovation that would affect the way families worked and prospered permanently.
The completion of the Erie Canal in 1825 was of the greatest engineering feats in history, at the time. The 363-mile canal allowed trade between New York and the Great Lakes. The economic boost of the Erie Canal was immediately felt by the entire country as someone could transport goods from the Great Lakes to New York in half the time and one-tenth of the cost. This feat saved Americans an unprecedented amount of money as the Erie Canal is still used today, nearly 200 years later. This massive project not only enabled much faster transportation but also attracted an influx of farmers to the area.
Irv sigle American History 12 October 2015 How the Panama Canal Benefited America Three hundred, seventy-five million dollars, 5,600 lives, forty-eight miles long, 268 million cubic yards of excavated dirt and ten years span of time, after all these things, the Panama Canal was complete. It was far more than just a canal. It was a dream that was turned into a reality. An idea that was shared and dreamed about by many nations. Who could take on the daunting task of building it?
The building of canals such as the erie canal helped speed up trade by connecting lakes and ocean helping to lower
Building of canals improved the process to speed goods to market. Erie Canal was an important canal that connected the great Lakes to New York City, opening the upper Midwest to wider development. The canals were also the first transportation system between New York City along the western part of the United States. Indeed, canals was a very efficient way to transport supplies, it’s was a cheaper way. The Erie made a huge impact and contribution to the wealth of New York City.
As American factories and farms started to produce more goods businessmen and legislators began to create a faster and cheaper way to get goods distributed to consumers. Around 1820, Americans began to build canals and steamboats, railroad, and extend roads linking the Atlantic Coast with new states in the Trans Appalachian west. Canals and Steamboats shrunk the distance of carrying goods from one place to another and could haul the most cargo for transportation. A well-known waterway called the Erie Canal connected the Great Lakes region to the Atlantic Ocean and cost 7 million dollars.
The Erie Canal ran for 363 miles from Albany to Buffalo New York. Each year over seven million dollars worth of goods were transported along the Erie Canal. The cost for traveling on the Erie Canal was 80 cents per day. So the Erie Canal helped a lot of people, it was extremely helpful, and there were several things that the Erie Canal was used for, especially transporting goods.
Why was the Erie Canal so important? The Erie Canal made many differences to the U.S and they were good changes. Historians want to know how the Erie Canal changed America. The Erie Canal changed America by north having a huge advantage in the civil war, made New York rich, population increased in the north. The Erie Canal gave a big advantage to the north in the civil war.
The Erie Canal was the start of great economic growth in America, but specifically New York. As Document 1A states, “By 1825, the Erie Canal gave another boost to New York’s already busy seaports.”(Doc 1.) This lets us know that although the seaports in New York were fairly busy, the Erie Canal made it one of the leading seaports in America. The Canal not only boosted the seaports, but it had a lot more success than dirt roads used. Using the canal, you can get to where you need to be within 8 days, rather than 21 days in a wagon.