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Social and economic impact of industrial revolution
Social and economic impact of industrial revolution
Social and economic impact of industrial revolution
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Americans took advantage of the new changes in communication, transportation, manufacturing, and technology. They used the advances to produce profitable manufacture goods that could be sold which boosted the economy. The new development of the Market Revolution changed the lives of Americans. Watson states that the Market Revolution “intensify the impact of capitalism on the lives n ordinary Americans” (28). The effects of the Market Revolution led to economic inequalities and a threat to America liberty.
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).
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.
Following the Market Revolution the ideals of American Womanhood were reinterpreted due to many social reforms, abolitions movements, and the fight for political equality. Many social reforms took place between the American Revolution and the Civil War. The Market Revolution led to many of the social changes for women at this time. Both men and mostly single women began to find work outside of their family farms. Young girls would often find work at Lowell factories.
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.
Most notably, the growth of cities, environmental impact, changes in labor force pool, religious divide, class distinctions among middle and working class citizens, and increased protest movements. Although the Market Revolution had allowed for the expansion of markets and the erection of many factories, city growth was dismal at best as many
This revolution, which originated in Great Britain during the 1700s, involved the replacement of human labor with machines in production processes. The production of coal and iron led to the creation of larger furnaces and steel plants, while the textile industry was revolutionized through the introduction of weaving machines. The economy was further transformed with the advent of modern transportation systems like steam engines, railroads, and steamboats. During the period of 1816-1830, the United States underwent its first industrial revolution, marked by the emergence of industrial capitalism, the adoption of a factory system, and the growth of a wage-labor economy. This transformation was further reinforced by the alliance of northern manufacturers and farmers, which played a significant role in the development of the industry.
After the War of 1812, it altered the North and turned into a business sector society in which support in long-separate trade modified people's desires and exercises. Included, European exchange to a great extent ended amid the war, business people put resources into household manufacturing plants. The change with economic development after the War of 1812 is also a very crucial and significant to American society. The begin of the Market Revolution happened in the early 19th century, many commerce and most Americans adapted to the Market Revolution, for example, the construction of roads, rails, and canals dramatically enhanced national mobility.
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.
Just in the same way the American System of economics was created and implemented, it would open the door for the Market Revolution begin in America. This revolution would cause significant changes to the culture in America, that was influenced by three areas; first, in the way things were transported and communicated; second, changing farming to commercialized farming; and third improving industrialization in the country (Shultz, 2013). With the American System and the Market Revolution would make the American people to regain trust in the economy and would start the expansion of how goods were transported, which also reduce the cost as well. Therefore, canals were built for steam boats to carry goods, roads were built and eventually the
The Market Revolution in the United States originated in the South and then in the north and was a big change in the system of how the laborers worked. The common trade started to become outdated due to the new discoveries of transportation. The North began to gain a more powerful economy as a result of the Market Revolution. The Market Revolution changed farming to become more large-scale farming with cash. Immigration and the growing cities was a result of the Market Revolution.
The processes that made the Market Revolution of 1800-1840 possible were the spread of market relations, the movement of the population towards the West, and the rise of political democracy. The Market Revolution saw innovations in transportation and communication. For example, the telegraph, invented by Samuel F. B. Morse, made instantaneous communication possible. Moreover, the combination of the recently invented steamboats, railroads and telegraph lowered transportation costs, opened new land to settlements, and made it easier for enterprises to sell products. Additionally, the introduction of the railroads stimulated the market for coal, used as fuel, and for iron, used to build rails.
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”.
The Transportation Revolution and the Market Revolution Before the 1800’s, the transportation of goods and people across the nation was slow, difficult, and overall desperately needed improvement. During the years 1800 to 1860, the Transportation Revolution took place. The Transportation Revolution opened travel and settlement to fuel economic growth; This encouraged invention and innovation into the settlers of the coast which brought them to the heartland. This revolution allowed for new and improved forms of transportation to emerge; Roads, steamboats, canals, and railroads were the main four forms of revolutionary transportation.
Sarah Mitchell Dr. Burns US History 207 February 25, 2023 Between 1820 and 1840, a Revolution occurred in American life. In what ways was the "Market Revolution" more or less important than the American Revolution? The Market Revolution was a huge factor to what our world is like today. The way in which we work, how much money we get paid, and how long we work for all stem from the Market Revolution.
