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Market Revolution research paper
Three effects the market revolution had on society
Three effects the market revolution had on society
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The railroad allowed the shipment of fresh goods as well as heavy goods. It made inland trade possible, as well as travel time less. The news and mail traveled faster.
John Lauritz Larson the professor of history at Purdue University explores the captivating consequences that result from the market revolution in early America. With a passion for the matter and creative thinking, his research leads him to unanticipated consequences that plunge Americans with the transition to capitalism that relates economic change to the liberty and self-determination of individuals. According to Larson, there are remnants that are still relevant in history today. The mass industrial democracy that is placed in the modern United States bears very little resemblance to the past which was a simple agrarian republic. All because of the market revolution, the transformation resulting in the tangled foundation we know today
2. In what ways did development in transportation bring about economic and social change in the United States in the period 1810-1840? Thesis: The developments in transportation in the early 19th century brought about the completion of new canals and roads, these developments linked the east to the west an example of this on page 161 in amsco is “The completion of the Erie canal in New York state in 1825 was a major event in linking the economies of western farms and eastern cities” This is showing that transportation simulates an economic dependency of the cities on the farms in which they are receiving goods from.
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 transcontinental railroad improved transportation by increasing supply and demand, and connecting people in the United States. Before the railroad,
The Market Revolution and the Second Great Awakening both dramatically shaped the individual stories of Elijah Pierson and Robert Matthews. When the Market Revolution brought Elijah from New Jersey to New York, his life was a lot different than what he was used to. Elijah had come from a town where everyone attended church and where social hierarchy was unproblematic. At a young age he learned that “God had placed men and women into families and social ranks, then governed their destinies according to his inscrutable Providence” (15). However, when he moved to New York, few people attended church and homelessness was seen all over the streets.
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.
Can you imagine living in the 20th century without any roads, railroads, and canals when trying to travel somewhere? These different types of transportation helped impacted the American society between 1815 and 1860 were road, canals, and railroads. These forms of transportation have helped the American society in the 1800’s and continued to evolve in the America it is today. The transportation revolution made traveling easier.
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
Throughout American History, revolutions in transportation have affected the American society politically, socially and economically. Soon after the war of 1812, American nationalism increased which leads to a greater emphasis on national issues, the increase in power and prevalence of the national government and a growing sense of the American Identity. Railways, canals, and Turnpikes began to increase making many people employed. The era of 1830-1860 represents a shift from agrarianism to industrialism. Overall, during the transportation revolution, construction of turnpikes, roads, canals, and railroads led to the market economy expansion, an increased population in America and alternations of the physical landscape of America.
The invention of the cotton gin decreased labor and increased the production of usable cotton and the demand for items being made from it. Advancements being made in both water and land transportation led to explosive growth in cities and factories; thus improving the national economy little by little. All in all, the revolution taking place in the Americas after the war of 1812 turned the nation into the successful, worldwide marketplace we know of
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.
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”.
Roads, canals, and steamships made it a lot easier to transport goods mainly because the cost was extremely low and it was faster. The Golden Spike driven by governor Stanford that symbolized the accomplishment of the transcontinental
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.
