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How Did The Erie Canal Affect New York City's Trade

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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 Creation of the Erie Canal made New York City the prime port for trading with the Old Northwest. This caused other states to try and compete with New York in order to become successful trading centers by building their own
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After the war of 1812, a revolution took over transportation, leading to the Market Revolution. People in power realized that it was necessary to improve the country’s transportation network in order to keep up with the growing economy. The invention of the steamboat brought economic development to the trans-Appalachian west. The Erie Canal, which was the longest man-made waterway, linked the region around the Great Lakes to the Atlantic coast, through the Hudson River. Additionally, railroads were built to improve the speed of commerce.

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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).

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New York had natural resources like good farmland, timber, coal, and iron as an important resource. The original name of New York was New Amsterdam. The reason for founding was for trade and profits. Was referred as a breadbasket colony because it grew many crops, especially wheat.

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The market revolution had a tremendous impact on many regions in the U.S., most notably the South and Northeast. The market revolution is a term used by historians to describe the expansion of the marketplace that occurred between 1815 and 1830, prompted mainly by major transportation improvements and various unique inventions to connect distant communities together for the first time. The South developed and thrived mainly from the cotton gin and the expansion of slavery. The Northeast flourished and bloomed from the factory system, interchangeable parts, transportation improvements, and women in the work force. The market revolution impact on the South and Northeast brought about widespread economic growth yet affected the regions differently, the South shifted from subsistence farming to commercial farming and the Northeast grew in mechanization and industrialization.

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This canal was called the Panama Canal and it is still being used today. This Primary Source Document depicts the construction of the Panama Canal. The Panama Canal was created in order to make trade and travel easier. Prior to the Canal, ships and carriers would have to travel around the entirety of South America in order to get to the other side of the United States. The Panama Canal allowed for a much more direct route of travel.

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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.

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The Erie Canal greatly affected trade and business industries. Tade grow a lot cheaper. Personally I’d rather load on a lineboat, and two mules have it take 9 and then pay $6 a ton than,on the dirt road have it take 15-45 days with a cost of $100 a ton!

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What is the Panama Canal: The Panama Canal is a 48 mile long waterway in Panama that connects the Atlantic Ocean and the Pacific Ocean. The canal cuts across the Isthmus of Panama and is a key conduit for international maritime trade. The canal was founded in: The canal was founded in 1914.

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The building of roads, canals and railroads played a large role in the United States during the 1800s. They served the purpose of connecting towns and settlements so that goods could be transported quickly and more efficiently. These goods could be transported fast, cheap and in safe way through the Erie Canal that was built to connect the Great Lakes to New York. Railroads were important during Civil War as well, because it helped in the transportation of goods, supplies and weapons when necessary. These new forms of transportation shaped the United States into the place that it is today.

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It reduced the distance between Europe and India, China and Japan. The Suez Canal was and still is very profitable, because since it opened every country wanted to use it, especially European countries, so the British taxed countries that wanted to use it, which made Britain’s economy even stronger. Now there is another reason that seems to be the reason France colonized Egypt,

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