How Did The Market Revolution Change The American Economy

Before the mid-nineteenth century, an ideal American was defined as a yeoman farmer who owned modest farm and worked primarily with family labor, and who was honest, virtuous, hardworking, and independent. The market revolution of the mid-nineteenth century changed this modest definition, and Americans can be many things in life and not just a farmer. The market shifted from slave trading toward an economy based on commerce, manufacturing, and larger scale agricultural endeavors. The change toward this economy was the result of non-stop population growth, new ideas/products invented from industrial revolution, and a needed change after such growth without development during the start of the nineteenth century. As the population of United States grew rapidly, the small agricultural based economy was not sufficient to provide job for everyone, or fulfillment of needs. The population uprising was a great factor in the change

The Industrial Revolution led to fundamental changes in agriculture, textile and metal manufacture, transportation, economic policies, and the social structure. Traditional commerce was made obsolete by new improvements in transportation and communication standards. This change brought back mercantilist ideas back into the economy. Northern cities started to have more powerful economy than the south, while southern cities resisted to change and still favored slave economy. It was hard not to change to new ideas as they were more efficient and made your life easier. The change grew out from the North to the South. The War of 1812 was a pivotal part during this time which made South realize the potential of Industrial Revolution. This increase in labor and industry brought United States to a new picture for economy and commerce, also marking the start of United States global increase in power and