ipl-logo

How Did The Market Revolution Affect The Economy During The 19th Century

1705 Words7 Pages
bulb-icon

Recommended: Arguments about the market revolution

The market revolution during the nineteenth century was a huge changing for the nation’s liberation, growth, and skill. It brought development to the labor in general but mostly for the factories and many jobs were massively growing during that time. During the market revolution era, technology was also getting in sight such as telegraphs, railroads, and canals. The new technology brought many benefits to the new nation because the telegraphs helped the people to communicate and send the news faster, also the railroads were massively beneficial during the revolution because it helped them to travel from one state to another quicker without spending days and days using horses. Factories was the most important labor to both men and women and …show more content…

Immigrants were coming from all around the world for a better life and better opportunity in the new nation. “A working Man’s Recollections of America” by Knights Penny Magazine (1846), mentions that “ The new emigrant, again, has heard of the successes of some of his acquaintance who went out years ago, and be looks for equal success in his own case, losing sigh of the multitudes who left their homes with the same views and have been miserably disappointed. That means immigrants come for a better life but they find out that they have to working out of their power to achieve their dreams, they find it difficult to keep pace with the stirring rivalry around them, plus the income was not high as they expected when they left their country. The immigrants expected to go through life with less working and less difficulties and basically an easy life, but they ended finding that they have to work harder than they used to work in their own country to dream of getting a comfortable life. However some were quite happy about leaving and immigrating to the United States as John Doyle’s letter to Fanny explains how he was when he moved to the new nation. He mentions that he had a talent of printing and bookbinding but that did not work out because there were a lot of people doing this kind of job in New York so he changed his thoughts and his working and that earned him some money, so he thought that it was a true land of opportunities and anyone can achieve anything when they work

Show More
Related
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
1011 Words | 5 Pages

The era of Andrew Jackson was an age of reform as the United States was acquiring land- through the idea of manifest destiny- and concerned with democratizing its own institutions. The growth of the industrial economy attracted immigrants from several parts of the world notably Northern and Western Europe. Although economic opportunity was in their hands, an extreme amount of immigrants endured discrimination; they were forced to take on anomalous professions in order to survive. Furthermore, they suffered a tremendous volume of exploitation due to the venality of the Nativists; who saw the growth of the immigration population as a threat to the United States and the ideals it was built upon.

Read More
1276 Words | 6 Pages

The pre-Market Revolution was a time of labor-intensive work and strong-knit American culture. While many were fighting for individual rights from Britain, and splitting up due to the Great Awakening, others were working in a professional capacity. Jobs such as fishing, farming, building ships, and other manual occupations were performed by locals while small business owners, skilled workers, and craftsmen thrived in the colonial American economy. However, the nineteenth century was a different story. Known as the “Age of Progress,” improved technology was one of the major hallmarks of the century.

Read More
1492 Words | 6 Pages

The America of the 1790s remained relatively religiously closed-minded and economically exclusive. First, religions of the time focused solely on white people of British descent. They ignored major marginalized groups such as slaves. In addition, religious leadership remained dominated by the patriarchy; although religious groups of the late 18th century held meetings to plan and to discuss finances, the meetings typically only included men. Ideas surrounding religion also confined themselves to certain doctrines: centralized organizations and their creeds far exceeded individual interpretation in terms of importance.

Read More
1236 Words | 5 Pages

The market revolution, which started in 1815, transformed worker lives, and improved the nation vastly; although it also dropped the economy as well. The traditional market, which was based upon power generated by animals and water, was slow in activities such as transportation. The growing nation underwent peace, which then catalyzed the reform of the organization of the economy. As such, transportation was heavily improved upon, along with manufacturing, banking, and commercial law. However, there were also two panics during the time that occurred that led to many Americans who were anxious and uncertain about working in the country.

Read More
387 Words | 2 Pages

How did the Market Revolution change America? When the Market Revolution came around this was a big thing for America. This helped America in a lot of different ways. This was one of the greatest things that was gone ever happen in America. The Market Revolution really changed America.

Read More
365 Words | 2 Pages

Imagine if, instead of paying for products you wanted with money, you traded or bartered for them. Also imagine if you lived on a farm and produced most of what you needed to live yourself. If the market revolution never took place, most of us might still be living on farms and trading with acquaintances for a few products we could not produce ourselves. The market revolution changed all this. Happening roughly between 1800 and the 1840s, the market revolution was a series of gradual transformations that began the process where the majority of Americans no longer lived in the countryside and worked as small yeoman farmers or skilled artisan workers, but instead lived in cities and worked in factories.

Read More
362 Words | 2 Pages

During the 19th century, the American people were experiencing a revolution concerning both the economy and religion, in what is recognized today as the Market Revolution and the Second Great Awakening. A rapid increase in the population within the countryside, and the development of new technology outburst a change in the economy from one of local exchanges to one governed by capital and capitalists. Family owned businesses began to expand and sold their items not only among a small community, but now products were being shipped to different ports along the colonies. The industrialization movement was rapidly approaching that “Indian removal was necessary for the opening of the vast American lands to agriculture, to commerce, to markets, to

Read More
1134 Words | 5 Pages

Immigrants came to the United States for more opportunities. They left behind many struggles and rough living conditions to make a better life for themselves, and their families. With the struggles they left behind, they faced more obstacles in the United States. They faced discrimination in many places and had to search for jobs, often taking strenuous and low-paying positions. Those that came to the United States had difficulties providing for their families and were often living in poor conditions.

Read More
1116 Words | 5 Pages

In the late eighteenth century and early nineteenth century, a lot of immigrants left their home base to come to the United States for countless of reasons. One arrangement of settlers was the English foreigners, who were inspired by the stories of the United States and the ideals of “Life, Liberty, and the pursuit of Happiness” (English Immigration to America, n.d.). The English wanted to be brought from poverty into a place of abundance. Another group of settlers was the Chinese immigrants. They arrived in the United States because of opportunities on the California Gold Rush, the construction of the transcontinental, and abundant agriculture jobs (Wandrei, n.d.).

Read More
1190 Words | 5 Pages

The immigrants saw America as their best opportunity for creating the new start they desired. Many people sold all their property just to afford the trip to America. Their journey featured many hardships that made travel to their new home difficult. Even after they arrived, their

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
127 Words | 1 Pages

Most immigrants who came to the U.S had high expectations that they would find wealth but once they arrived they realized their expectations weren’t what they expected. Although, they were disappointed in not finding wealth the conditions in which the U.S was in by the late 1800s were still a lot better than the places they all had left behind to come. The majority of the immigration population anticipation was to find profitable jobs and opportunities. When the large numbers of immigration were migrating to the U.S, it was during the “Gilded Age”, which was the prime time for the country’s expansion of industrialization. This rapid expansion of new industries led to the need of workers which motivated people from other countries to come to

Read More
914 Words | 4 Pages

The migration of immigrants back then, were mainly because they wanted to find a better work experience. Some would even move to seek a new and improved religion. In the 1800-1880s, one of the main reasons immigrants moved, was because of the rising of taxes in their area which made them want to escape from that. Today, in modern day America, we still move in search for better jobs. Because the world has changed in so many ways, we constantly move, however, one of the main reasons is because of natural disasters that may have occurred in a particular area, which causes groups of families to move out of their old homes into a new location.

Read More
935 Words | 4 Pages

First, Immigrants migrated with the idea of the united States having a better life for them. Document D gives us an idea of the benefits an immigrant believed were true. The idea of no oppressive taxes, no kings, no compulsory military service, and no dungeons gave relief. All the troubles from their homelands would not be present in the Land of Opportunity. Taking a chance for a better life was the only option left.

Read More

More about How Did The Market Revolution Affect The Economy During The 19th Century

Related Topics

Open Document