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How Did The First Industrial Revolution Affect The Economy Of The 18th Century

188 Words1 Pages
After the American Revolution, the new nation faced economic a small recession, however the economic growth skyrocket in the antebellum years with the help of industry and commerce. While there were little infrastructure outside of the cities which was costly to the manufacturer for the cheapest form transportation was by boat. Moreover, with the invention of automated flour mills there was little human labor involved in processing the grains. Also, the mechanized textile manufacturing, which began at the end of the 18th century and gave the economy the necessary stimulus for a rapid grow. In addition, to first industrial revolution, the first bank was created in the United States. Furthermore, the use of water was the main source of energy
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