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The significant economic effect of the industrial revolution
The significant economic effect of the industrial revolution
The significant economic effect of the industrial revolution
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America was left with an enormous problem after the civil war, thousands of unskilled people. But, through strategic decisions this would lead to tremendous industrial growth. Industrialization grew rapidly during the period of 1860-1900 as a result of a verity of factors .Technological advancements, monopolies, and political assistance would all contribute in making America one of the leading global powers.
The industrial revolution brought many great inventions and innovations into the world, especially to America, the new world. The United States had many resources available and more importantly for Americans could utilize them for the nations gain. Many businessmen took advantage of this opportunity by building up their businesses and wealth to a standard that many people still look to as a standard of greatness. Many historians have their take on how the men of the industrial revolution changed not only America, but the rest of the world as well. Authors, Charles Morris, Matthew Josephson, and James Nuechterlein point out to historians that the world is full of many different angles and ideas that one can view regarding the Robber Barons or the successful men of the industrial revolution.
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.
The Industrial Revolution, lasting from the late 1700s until the early 1900s, was possibly one of the greatest time periods in this world’s history. This time period caused people to think more and dream bigger. From these big dreams rose up inventors, entrepreneurs, and business owners. The Industrial Revolution brought many new inventions and production processes, but along with great new things come great terrible horrors. While some might argue that Industrialization had primarily positive consequences for society because of the new production methods and what they produced, it was actually a negative thing for society.
The period after the civil war saw the United States of America economy transform to become a national economy and an industrial giant. The already existing industries quickly expanded and new ones emerged including steel manufacturing, electrical power, and petroleum refining. This period saw the rapid expansion of the railroad network which would subsequently connect even the remote parts of the country into the national economic grid essentially transforming the regional markets into a national economy. Following the economic expansion, the American society was greatly transformed creating a new crop of wealthy individuals and a dynamic middle class. Additionally, there was a vast expansion of blue collar job opportunities which quickly
The “laboratory” developed rapid and cheap innovations for many people in society from a “lady’s watch to a Locomotive” and a well-managed business like above creates economic growth (Document B). Some of the innovations were typewriters, mass productions by assembly lines, telephones, and light bulbs. These innovations and productions of products revolutionized the modern world. The innovation of products is similar to the time period of the Embargo Act of 1807 and the War of 1812 where supplies and materials from Britain were cut off from entering America, which led to many innovations to meet the needs of the country. After the Civil War, these “industrial statesmen” did just that to reinforce America economically and socially after the divisiveness of the war.
The late 1800s marked the start of the Industrial Revolution for the United States. Prior to the rapid industrialization, people lived in rural communities and manufacturing was done largely by local craftsmen. After the Civil War, certain needs were emphasized such as the need for faster production, transportation, and better communication. All of these needs were met by the Industrial Revolution due to technological advancements. These advancements had great effects on the structure of cities at the time.
Economic Change in America Change is relevant within every time period, however, very substantial changes took place in the Americas following the War of 1812. Future success of the American society was to be dictated by the support the federal government supplied to domestic manufacturing and infrastructure to make drastic improvements economically. The imposition of high tariffs, advancements in transportation and the development of the cotton gin are among the most important changes made in the United States during this time.
During the nineteenth century economic changes increased the amount of European industrial workers. Conditions under which they lived and worked improved along with the availability of jobs for women. Ultimately, the industrial revolution and the agricultural revolution lead to migration to cities for factory work. Theses changes in conditions for industrial workers were caused by the debate between government involvement in economics and if workers themselves have to take the initiative to create changes. English economists argue that the government should not get involved in helping the poor.
The transition to machine producing factories changed America completely. The Industrial Revolution and the Lowell system impacted America by creating opportunity for the rise of the working class, an expansion of the workforce, and the achievements of labor unions. The Industrial Revolution gave room for the social emergence of the working class and a new opportunity for self-independence among Americans. Before the Industrial Revolution, people had to be trained in a special field and worked in that field.
Between the year of 1865 and the year of 1920, the United States moved towards becoming a more industrialized and developing society. With this change taking place, resulted in improvement with how people live with family and earned money differently. The three major aspects of industrialization during the 1865 and 1920 that influenced the politics, economy and society of the United States are: entrepreneurship, technology, as well as transport and communication network. Entrepreneurship: the period after the Civil War from 1865 to 1920 was characterized by fast economic growth in the country.
It also led to the involvement of child labor and people belonging to all genders. It was only after the Civil War that the nation’s railroads became extensive enough to distribute the excess product created by the industrialized factories across different regions. Between 1865 and 1920, industries began to industrialize with the advancements in technology. The result of industrialization was more economic activity aimed at distributing and selling the products.
The American Industrialization was in the late 1800’s making many things to improve the economy. The American Industrialization was caused by multiple factors, some of the factors included a growing population, a willing work force, high tariffs, among many more. These effects made people willing to work at lower wages so they can get jobs and buy American made goods. There were many outcomes of the Industrial Revolution, both positive, like improving people's lives, and negative effects, like exploitation of workers. The positive effects of American Industrialization is how it make work cheaper, employed thousands of workers, and improving people’s lives.
Due to the growth in jobs and economy, The Second Industrial Revolution was born. For example, Eric Foner, the author of Give me Liberty stated,“the country enjoyed abundant natural resources, a growing supply of labor, an expanding market for manufactured goods, and the availability of capital for investment….”(Foner, 2014, page 593). The new territories that the United States acquired after the Civil War gave Americans motivation to innovate their country through the industrial industry. Jobs such as factory production, mining and railroad construction were all in high demand and gave thousands of unemployed Americans and immigrants employment. During The Second Industrial Revolution, employers
Introduction The First Industrial Revolution The First Industrial Revolution, which peaked during the late 18th century, started a new phase in human history, despite the terrible working conditions and unfair treatments in the factory. The First Industrial Revolution, which started the technological development in Europe during 1760 to 1830, was largely limited to Britain.
