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Effect of technology to economy
Effect of technology to economy
Why changes in transport made industrial revolution better
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One important impact to us is that the industrial revolution greatly improved the labor efficiency, which we realized that mechanization is an important way to improve labor productivity and reduce manual labor. 2. Railroads A revolution in transportation in the eighteenth century is railroads, a kind of land transportation way. Railroads dominates the long distance transportation, which can transport passengers and goods at a faster speed and lower cost.
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).
Looking at the pace of development and rapid industrialization of the United States in the late Nineteenth century, we can figure out and sort many major and minor contributing factors aiding the industrialization process. Keeping all the factors and conditions into consideration, first thing is the mechanization of Labor force. The division of labor eventually facilitated production by reducing the producing cost. The labor force that built America during the late nineteenth century was comprised of primarily the immigrants. The contribution of many inventors and scientist, including gasoline powered automobiles, advanced coal engines, the telephone and the typewriter and many more advanced railways that helped to connect the entire US played a significant function in manufacturing, producing and whole industrialization process.
With the American Industrial Revolution in full swing, the shift in society was prevalent. In the late 19th century the growth of the industry moved Americans from rural farms to factories. This shift in mass production, made production faster and cheaper. Although the United States prevailed as the powerhouse of production, it came with some sacrifices. The factory worker was unskilled and paid a low wage.
First, The Transportation and Communications Revolution enabled people to move their goods from one area to another at a much faster speed and at a more profitable margin (Schultz, 2013). Roadways, canals, steamboats, and railroads allowed goods to be transported much faster to markets throughout the country. In addition, at the same time that transportation was
The Market Revolution, a period of rapid economic and social transformation in the early 19th century, brought about significant changes in America. One of the most notable changes was the development of new transportation infrastructure. For instance, the construction of the Erie Canal allowed for efficient transportation of goods between the Great Lakes and the Atlantic Coast, opening up new markets and facilitating economic growth. Another significant change was the rise of factories and the shift from artisanal production to mass production. Factories, powered by steam engines, enable large-scale production of goods, leading to increased efficiency and productivity.
Goods were shipped faster and at lower cost, and more land opened up for cotton growers and other farmers. Moreover, another technological development that influenced the growth of the United States economy was the development of railroads. Railroads were “shrinking distances, dramatically lowering costs, opening new markets, and increasing competition” (Doc 9). Railroads were basically essential for keeping the economy in balance. They supplied cities and towns with food, fuel, building materials, and access to markets.
All these improvements in technology like canals and new roads altered the physical landscape in America for the better but also the economy (The Market Revolution: Crash Course U.S. History #12,
And industry was totally undeveloped, forcing households to act as miniature factories, producing almost everything they would need. In the 1800’s though, the lives of nearly all Americans was changed. Transportation has revolutionized trade and the connections between different places. In early America, roads were in such bad shape traveling any significant distance was dangerous. Commerce was driven by rivers.
The industrial revolution completely changed America as we know it. It brought many changes to our nation- some good and some bad. The Industrial Revolution changed how we produce and consume goods. It was so groundbreaking that we still feel the effects today. Prominent inventions of the time are pictured in document 3.
Throughout American History, revolutions in transportation have affected the American society politically, socially and economically. Soon after the war of 1812, American nationalism increased which leads to a greater emphasis on national issues, the increase in power and prevalence of the national government and a growing sense of the American Identity. Railways, canals, and Turnpikes began to increase making many people employed. The era of 1830-1860 represents a shift from agrarianism to industrialism. Overall, during the transportation revolution, construction of turnpikes, roads, canals, and railroads led to the market economy expansion, an increased population in America and alternations of the physical landscape of America.
The invention of the cotton gin decreased labor and increased the production of usable cotton and the demand for items being made from it. Advancements being made in both water and land transportation led to explosive growth in cities and factories; thus improving the national economy little by little. All in all, the revolution taking place in the Americas after the war of 1812 turned the nation into the successful, worldwide marketplace we know of
Industrial Revolution 1.0 Revolution 1.0 transformed the world in the 1800s through the introduction of mechanical production facilities with help of water and steam power. The telegraph allowed for instant communication across oceans and continents. Agricultural innovations such as enclosures, crop rotation, selective breeding brought productivity gains freeing rural labor. Access to vast tracts of land and resources in the Americas, Africa and Asia made food and materials like cotton abundant and triggered an unprecedented rise in standards of living and population growth. Industrial Revolution 2.0
The Industrial Revolution was a change from making things by hand to making them in factories. There were many great inventions that were made such as the steam engine, spinning wheel and many more. But one of the successful key development from the industrial revolution was The Steam Loom. The Steam Loom was a machine that used water power to weave cloth so that people could make a lot of cloth quickly. The first power was made in 1785 by Edmund Cartwright.
Economic Transformation Wherever it spread, the Industrial Revolution transformed the economy The Domestic System One sign of a shift toward a new form of production was the growth of cottage industry, also known as the domestic system In the domestic system, cottage workers produced goods in home workshops The production of wool cloth usually followed a certain process The Factory System The domestic system naturally gave way to the factory system
