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The Erie Canal played an enormous part in the economic growth in the United States. The Canal helped to cause an increase in industry along the Hudson River. Now, commercial vessels could travel all the way from the Hudson River to Lake Erie (Doc. 1A). This meant that they could bring goods to the people that couldn’t normally get them, because they were too expensive, or they had no way to get to them. Thousands of settlers began to utilize the Erie Canal to move west (OI).
The Erie Canal was important to New York City’s trade for many reasons. First, the Erie Canal created a transportation system that allowed goods to easily flow between the Great lakes and New York City. Second the creation of the canal attracted an influx of farmers who were migrating from New England. This influx of farmers led to the creation of cities like Buffalo, Rochester, and Syracuse along the canal. The Most important effect of the Erie Canal on New York City’s trade was its effect on trade on a larger scale.
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.
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.
The market revolution sparked explosive economic growth and new personal wealth. It affected the lives of workers by giving them jobs. It did bring them from skilled labor to cheap labor though. There were far more immigrants in the North than in the South because there were more job opportunities due to there being decreased numbers of enslaved persons. The market revolution sparked social change in many ways.
Transportation was getting easier on water and on land. During the Industrial Revolution many canals and roads were built, which connected cities and united the nation more. When the National Road was completed in 1818, the nation was even more united. Travel was made easier and trade increased. The Erie Canal made the Ohio River Valley and Great Lakes Region more available for settlement and trade when it was finished in 1825.
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.
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.
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.
Since the middle of the 19th century, America had only dreamed of building a canal that would link the Atlantic and Pacific oceans. With this canal, America would be able to trade more easily with other countries, making it the leader of the imperial race around the world. Although it was a very hard project that was very costly and that had failed various times, this canal was a major event that helped America in many
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 building of roads, canals and railroads played a large role in the United States during the 1800s. They served the purpose of connecting towns and settlements so that goods could be transported quickly and more efficiently. These goods could be transported fast, cheap and in safe way through the Erie Canal that was built to connect the Great Lakes to New York. Railroads were important during Civil War as well, because it helped in the transportation of goods, supplies and weapons when necessary. These new forms of transportation shaped the United States into the place that it is today.
Which gave Buffalo great economic power, businesses wouldn’t have to charge very much to ship goods to the western side of the states resulting in goods becoming cheaper and more availability of those goods. The Erie Canal Brought great economic change to the U.S and New York State by giving New York cities economic power. Finally the Erie Canal brought great change to the U.S and New York State by making it easier and faster to traverse New York terrain. Without the Erie Canal it could take up to 45 days to travel from Buffalo to Albany by way of wagon, and cost $125 a Ton.
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.
Throughout the history of western civilization there have been a vast number of changes that have occurred and wars that have formed civilization today. There have been economic changes, relating to the development of the economy and the financial state of society. There have been political changes, dealing with shifts in government and power. There have been social changes, affecting the organization of society and the interpersonal and international relations. All of these events have influenced society and molded it into what it is today.
