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Market Revolution And Economic Development After The War Of 1812

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Market Revolution The Market Revolution impacted many farmers. Farmers planted a diversity of crop in order to attain self-sufficiency. In a meanwhile, the South has become an expanded slave society. And the North side has transformed into a society with markets to a market society. During the colonial era, settlers lived in a general society in which they occupied with long-remove exchange offering their surpluses to vendors as a result, it establish to sells raw material to Europe. 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. Instead people choose to produces for the “market,” rather than for personal consumption. At that time Americans needed internal improvements. Because overland transport was limited, …show more content…

Building of canals improved the process to speed goods to market. Erie Canal was an important canal that connected the great Lakes to New York City, opening the upper Midwest to wider development. The canals were also the first transportation system between New York City along the western part of the United States. Indeed, canals was a very efficient way to transport supplies, it’s was a cheaper way. The Erie made a huge impact and contribution to the wealth of New York City. It allows the increased of trade throughout the nation from eastern side of the United States to Midwestern

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The Creation of the Erie Canal made New York City the prime port for trading with the Old Northwest. This caused other states to try and compete with New York in order to become successful trading centers by building their own

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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.

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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.

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Growth of the United States Following the War of 1812 Change occurs in every time period. These changes progress the country forward in many aspects of life. In June of 1812, James Madison requested Congress to declare war on Great Britain due to restrictions on trade and land expansion. The ratification of the Treaty of Ghent on February 17, 1815, ended the war. Although both sides returned to their status quo from before the war, several effects lead to a newfound sense of national identity for the United States.

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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

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People from all over the world traveled across the ocean to trade along the Erie canal. Some didn't even come just to trade along the canal. They simply came because they wanted to trade with Americans, but they still took the canal. Being the canal connected the great lakes and the Atlantic, it made it much easier to get to some places in America. Michigan soon became a hot spot for trade.

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As American factories and farms started to produce more goods businessmen and legislators began to create a faster and cheaper way to get goods distributed to consumers. Around 1820, Americans began to build canals and steamboats, railroad, and extend roads linking the Atlantic Coast with new states in the Trans Appalachian west. Canals and Steamboats shrunk the distance of carrying goods from one place to another and could haul the most cargo for transportation. A well-known waterway called the Erie Canal connected the Great Lakes region to the Atlantic Ocean and cost 7 million dollars.

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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.

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This adjustment in the economy brought about the Market Revolution, which in turn had its own way of revolutionizing America. The

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If you look at the quote from Peter L. Burnstein, you can see that "transportation has been a big challenge for most of human history" and that "villages just twenty miles apart once seemed far away from each other". This means that the Erie Canal solved a problem that has been there since man could travel and it changed the definition of far away. The Erie Canal caused a steady increase in trade. If you look at Chart 4, you can see that there is a constant rise of bushels of wheat transported on the Erie Canal from 1829 to 1841. This means that the Erie Canal was being used more for trade every year.

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The Market Revolution was a time period early in the nineteenth century to describe the expansion of the marketplace. This was prompted by new roads and canals that were connected to communities far away for the first time. This market revolution was sparked by the success of the Erie Canal which in turn made people build more and more transportation. The Market Revolution also describes the transition from subsistence farming to commercial farming. This revolution also lead to the success of a few that knew how to work the market putting small time business men out of work.

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Road of Opportunities The road to market revolution changed the way American farmers were able to transport and sell their consumer good products. This was a movement of opportunities and advancement in technology. Leaving behind the old ways of transportation and creating an accessible way to transport and communicate between the states and the Atlantic coast. Also, brought a large migration of people to the west in look for these opportunities and opened new opportunities to women into the labor force of factories.

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Before the war there were restrictions on trade and the industry and after it ended. This resulted in the development of America’s merchant marine and manufacturing industries. Expansion started to pick up people were starting to move western across the Appalachians Mountains. This was making life for the Native American harsh and difficult for them to have land. This provided American with economic opportunities for immigrants coming from Europe.

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This time mainly focused on the commercialized agriculture and changed the way of life for most Americans. The Market Revolution

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Industrialization after the Civil War One of the most remarkable consequences of the Civil war was the industrialization of the United States, which transformed the economy of the country. While certain industries, such as textiles and clock making saw industrialization during the first half of the nineteenth century, it was not until the Civil War that industrialization spread throughout America. The Civil War spurred the process of industrialization and encourages new production techniques that would have the greatest impact after the end of the war. Some of the significant reasons for the delay of industrialization of America after the Civil War were social, economic, political, geographic and legal reasons. The industrialization affected various groups of the society belonging to distinct races and ethnic backgrounds.

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