Marcus Bannister HIST 3401 Assignment # 02 Professor: Erin Cully 11.08.15 Topic: Discuss the growth of the United States. (Possible discussion questions: how did commerce evolve in the new nation? what kind of changes accompanied US growth in terms of society, territory, industry, etc.? Did capitalism enhance or restrict the freedom of Americans? what were the repercussions of industrialization and expansion? Response: Beginning in the early nineteenth century the American economy had been experiencing a major revolution. This revolution was more of a consequence of the implementation of capitalism. As many Americans embraced the market economy and reaped and enjoyed the benefits derived from the system, there were serious inequalities experienced …show more content…
while the north focused on manufacturing former subsistence farmers became laborer to facilitate the growth of manufacturing. as the north explosion continued, the south focused on supplying the raw material needs of the north. As the aforementioned relation continues a lot of people, weather businessmen elite or middle class professionals, they enjoyed rapid progress, freedom and improvement in their quality of life. All this in parallel with devastating depression "panic" and a growing lower class of property-less workers. many Americans labored for low wages and became trapped in endless cycles of poverty. Although northern states washed their hands of slavery, their factories fueled the demand for slave grown southern cotton that ensured the profitability and continued existence of the American slave system. As the economy advanced, the market revolution wrenched the United States in new directions as it became a nation of free labor and slavery, of wealth and inequality, and of endless promise and untold …show more content…
On the other hand the economic successes had a negative relation with the condition and the hopes of enslaved African American in the south of the country. While the United States ended its legal participation in the global slave trade in 1808, slave traders moved 1,000,000 slaves from the tobacco producing upper south to cotton fields in the lower south between 1790 and 1860. This harrowing trade in human flesh supported middle-class occupations North and South. Bankers, doctors, lawyers, insurance brokers, and shipping agents all