ipl-logo

How Did The Market Revolution Affect Economic Growth

395 Words2 Pages

As a result of westward expansion, the Market Revolution in the early 1800s saw “population growth” and “urbanization” that had a positive impact on “economic growth” and the effects of the “Market Revolution” intensified the American division over slavery. The “improvements in transportation and communication”, as well as, inventions during the time such as the cotton gin by Eli Whitney “revolutionized American slavery” through the increased “demand for cotton” coupled with “new lands in the West”. Moreover, the rise of the Cotton Kingdom is a direct result of the cotton gin that “centered on factories producing cotton textiles with water-power spinning and weaving machinery”. Northern states focused on factories and industrialization, meanwhile, the “Lower South” was growing the cotton because of “its climate and soil fertility”. The cotton gin aided in an …show more content…

Blacks living in the free states “suffered discrimination” with the majority of them living in “the poorest and unhealthiest sections of cities”. Even white Americans that “critizied slavery” viewed “freed slaves as low-wage competitors” and “sought to bar them from skilled employment”. Given these points “free Blacks” took “advantance of the opening of the West to improve their economic status” which was considered “a central component of American freedom”. Although federal laws “barred them from access to public land” and some states like “Indiana, Illinois, Iowa and Oregon prohibited them from entering their territory altogether” making it more difficult for Blacks at the time to achieve economic freedom. The effects of the Market Revolution that awarded white Americans “a life of economic accumulation and individual advancement” conversely meant “free Blacks experienced downward mobility” and “division of American society and its conception of

Show More
Related
71 Words | 1 Pages

Invented by Eli WHitney in 1793, because of the cotton gin it reduced the amount of time and cost of separating the cotton seeds from white fiber. Due to the cotton gin, cotton farming became much more profitable in the South. Because of the cotton gin, the demand of the cotton grew and increased slavery. There was economic consequences due to the cotton gin and the increase of the cotton

Read More
534 Words | 3 Pages

To begin with, the cotton gin was increasing Georgia’s economy through trade, manufacturing, and transportation. For example, document B stated, “Whether it was trade, manufacturing, or transportation, much of Georgia’s economic activity was directly or indirectly driven by cotton.” Meaning Georgia’s economic growth was from one factor. In addition, document B also stated, “They buy cotton, sell cotton, think cotton, eat cotton, drink cotton, and dream cotton....” ” the great staple, sum, and substance...”

Read More
438 Words | 2 Pages

As the steamship and transportation as a whole began to futher integrate itself into northern economy, the South focused more on cotton growth and strenghtening planations. The concerns about the workload were justified through the necessity of cotton, buhe concept of slaves being property and used harshly for profit went against the country’s Declaration of Independance which states that man is entitled to liberty. On the other hand, the North spent days at the factory to create product and participate in trade. Although the North used southern cotton for textile creation, there is no denying that with one clear side of manufacturing, and another on agriculture, the lines of national economy were clearly blurred as both ends of America continued to work without working

Read More
551 Words | 3 Pages

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.

Read More
156 Words | 1 Pages

Pertaining to the rights of African Americans a new south did not appear after the reconstruction. While they were “free” they were often treated harshly and kept in a version of economic slavery by either their former masters or other white people in power. Sharecropping and the crop-lien system often had a negative impact on both the black and white tenants keeping them in debt with the owner. Jim Crow laws, vigilantes and various means of disfranchisement became the normal way of life in the South. It was believed that white people were superior to black people and when they moved up in politics or socially they were harassed and threatened.

Read More
1001 Words | 5 Pages

The North expanded their industrial cities, built factories and mill villages. This surge of industrial production revolutionized the economic and social life in the region. With the invention of the cotton gin the production and exportation of cotton surged exponentially, becoming both the primary driving source of the national income and a cause for controversy in the western territories with efforts to expand slavery. The industrial innovations in the northern region and the agricultural innovations in the southern region helped in the widening of the divide within the

Read More
885 Words | 4 Pages

As one of the most influential and successful inventions during the Industrial Revolution, cotton gins brought so many conveniences to the cotton industry, and cotton became one of the fastest way to achieve enrichment. The overweight cotton development made cotton became the only economic resource in the south. Cotton helped the South grow more prosperity in agriculture, but the South still had the industry lags, and even their succeed in agriculture could not save their lack of development in other areas. The southerners relied on the agriculture so much that they ignore the importance of other business. “King Cotton” built a safe disguise to the southerners, which encouraged them to keep using cotton gins to make money because cotton was so important.

Read More
847 Words | 4 Pages

One technological development that influenced this growth was the invention of the cotton gin. The cotton gin is a machine that quickly and easily separates cotton fibers from their seeds, allowing for much greater productivity than manual cotton separation. “By midcentury America was growing three-quarters of the world’s supply of cotton.” (Doc 2). Most American cotton shipped to England or New England where it was manufactured into cloth and by the mid-1800s, the south provided three-fifths of America’s exports, most of it in cotton.

Read More
1365 Words | 6 Pages

Abby Thompson Campbell History 130 Online 12 May 2023 Economics and Labor The Colonial Era was when the eighteenth-century American culture started moving in more ambitious directions. This meant that military, cultural, and commercial ties began tightening between Great Britain and North American colonies. This all happened while American culture was just beginning to form (The American Yawp Reader: Colonial Society: Reader: Introduction, N.A.). New Amsterdam was a big deal in colonial America.

Read More
364 Words | 2 Pages

During the nineteenth century, the abolition of slavery did not lead to many positive changes for former slaves. This was due the fact that a majority of newly freed slaves did not achieve anything close to political equality. An example can be seen in the period of “radical reconstruction” in the southern of United States, where freed blacks were able to gain full political rights and power but it came with the harsh price of segregation laws, virulent racism, denial of voting rights along with a wave of lynching that continued into the twentieth century. The economic lives of slaves also did not improve dramatically either. With the rise of the highly dependent labor like sharecropping, it had soon replace slavery and the reluctance

Read More
627 Words | 3 Pages

One of the most significant ways in which free slaves were not truly free was their lack of voting rights and jury rights. Even after the passage of the Fifteenth Amendment in 1870, which granted African American men the right to vote, many former slaves were still unable to exercise this right. Document A gives a vivid example of the places free black men could vote, in a graph it shows how Massachusetts was the only state that could tolerate the blacks and gave them rights. They could vote and have jury duty. If they were only allowed to do both in this state this shows the feelings people had against them and the restrictions

Read More
157 Words | 1 Pages

During the early 1800’s, President Thomas Jefferson effectively doubled the size of the United States under the Louisiana Purchase. This set the way for Westward expansion, alongside an increase in industrialism and overall economic growth. In fact, many citizens were able to thrive and make a better living in the agricultural business than anywhere else. All seemed to be going well in this new and ever expanding country, except for one underlying issue; slavery. Many African Americans were treated as the lowest of the classes, even indistinguishable from livestock.

Read More
1108 Words | 5 Pages

The Market Revolution generated a drastic change in the United States economy and altered gender barriers while at the same time accomplishing this in a provocative manner. This economic boom occurred around the first half of the 19th Century. The economic boom was achieved by inventions such as a transcontinental railroad system which resulted in a better transportation system which improved trade and the cotton gin which sped up the rate of removing seeds from cotton fiber. However like what the great Hugo said, “The brutalities of progress are called revolutions. When they are over we realize this: that the human race has been roughly handled, but that it has advanced”.

Read More
766 Words | 4 Pages

No matter your stance at the time, one thing became clear: socially, politically and economically, slavery was the fabric of American success and gave birth to the Old South as we know it today. At the center of the entire institution of slavery, and central to its defense, was the economic domination it provided a young country in international markets. In the early 19th century, cotton was a popular commodity and overtook sugar as the main crop produced by slave labor. The production of cotton became the nation’s top priority; America supplied ¾ of the cotton supply to the entire world.

Read More
522 Words | 3 Pages

Between 1800 and 1860 two major things changed within the country. The cash crops changed from tobacco and rice to the new money maker cotton. Along with the crops changing the slave trade grew to replace the economic short fall in the Chesapeake area. These changed occurred due to the supply and demand of commonly bought goods. Another contributing factor for the crops changing was the invention of the cotton gin in 1793 and the use of cotton in textile facilities.

Read More

More about How Did The Market Revolution Affect Economic Growth

Open Document