The American economy up until 1800 was characterized by the Jeffersonian dream of a nation stimulated, and dominated, by the entrepreneurial culture of independent farmers/artisans. However this changed by the 1870s as the country was propelled into the Industrial Revolution, which would lead to the development of a new faster/efficient system of production based on the the assembly line, division of labor, and advanced machine technology. By cutting transportation costs and accelerating the flow of goods, people, and news (Henretta 295), these economic revolutions allowed the American economy in 1860 to become characterized by a surge in large manufacturing cities (such as Chicago and St. Louis) which became dynamic centers of commerce. revolutions
During the 1860’s America was in a period of economic hardship due to the ongoing demand for materials and money to fund the war. In the South, sufficient money and materials were hard to acquire because the southern economy still depended on the labor of slaves to produce their goods and income rather than factories. The Northern economy used numerous factories to produce goods and make profit for the war, but they still did not have technology that was advanced enough to easily produce all the necessary materials and money. After the civil war, America embarked on a journey of economic expansion and unification for the nation. In the late 19th century, government policies, technological advancements and population changes contributed to
Communication, transportation, and the trading of new goods changed the culture of the United States. Machinery for mass production, like the Spinning Jenny, the Iron mining industry and coal mining industries created a culture of constant communication, trading and commerce between U.S citizens. Textile Factories and other innovations in this time created various jobs for Americans and created tradeable crops for American to exchange with other countries. (Lec 12) With this, throughout the 1800s, the population of the United States grew to 31.4 million by 1860. (Lec 12). This shows the improvement of economic relationships within the United States.
America had a huge industrial revolution in the late 1800”s. Many changes happened to our great nation, which factored into this. The evidence clearly shows that advancements in new technology, a large wave of immigrants into our country and new views of our government, helped to promote America’s huge industrial growth from the period of 1860-1900.
* The Great RR Strike of 1877 shut down railroads from WV to CA & resulted in hundreds of deaths
The Industrial Revolution in the United States took place during the 18th and 19th centuries. This revolution was one of the most prominent turning points of American history as it modernized the workforce, developed American economics, and impacted the way people lived their lives. Before it began, America was mostly a rural society, people farmer to make a living and all work was done at home (“Industrial Revolution”). Afterwards, individuals began to become depend on factories to produce the products they once hand-made.
In the 19th century the market revolution, was the byproduct of those striving to acquire the American dream. Advancements in technology prompted better industrial machinery, and factories were no longer
In the late 1700’s and early 1800’s the United States was in a transformation from the Jeffersonian vision of an agricultural nation, into Alexander Hamilton’s vision of an industrial America. The book Sam Patch, the Famous Jumper gives a good idea of what America was like during the Early Republic period. The industrial life would turn America into a country that is dependent on the work of manufactories.
During the late 1700’s, the United States was no longer a possession of Britain, instead it was a market for industrial goods and the world’s major source for tobacco, cotton, and other agricultural products. A labor revolution started to occur in the United States throughout the early 1800’s. There was a shift from an agricultural economy to an industrial market system. After the War of 1812, the domestic marketplace changed due to the strong pressure of social and economic forces. Major innovations in transportation allowed the movement of information, people, and merchandise. Textile mills and factories became an important base for jobs, especially for women. There was also widespread
During the late 1700’s, the United States was no longer a possession of Britain, instead it was a market for industrial goods and the world’s major source for tobacco, cotton, and other agricultural products. A labor revolution started to occur in the United States throughout the early 1800’s. There was a shift from an agricultural economy to an industrial market system. After the War of 1812, the domestic marketplace changed due to the strong pressure of social and economic forces. Major innovations in transportation allowed the movement of information, people, and merchandise. Textile mills and factories became an important base for jobs, especially for women. There was also widespread economic growth during this time period
During the late 1800's, America grew to become one of the nation’s leading industrial nations. The first industrial revolution had changed its pace from working on factories to the advanced transportation in the west
America was truly revolutionized by the invention of the assembly line, with the Ford Motor Company able to mass produce these cars people could drive anywhere and everywhere. Fords invention also created many jobs. With higher wages and fewer hours Henry Ford basically created a middle class for the American Society. At this period of time no other company had a shorter work day. As Ford produced and sold more cars he raised the wages. The American economy began to strengthen as more work became available to the people. Roads needed paved and gas stations needed attendants. With the automobile becoming an everyday car people began to travel, the hotel industry began to boom and the market for tourism had evolved. Business owners all over America began to love Henry Ford; for his
Throughout the late 1700’s and early 1800’s, much was changing within the American society. The enlightenment brought with it a new way of thinking and new religious values; there was also the issue of women’s rights or lack thereof, as women began to considerably have less and less rights. Lastly, another big change in American society had great deal to do with the industrial revolution and new innovations and way of life.
The period of time in America before the Civil War is known as the Market Revolution. During this period of time is when we see the economy in America shift from being a household economy to a market economy. A household economy was when farmers produced enough only food, livestock, and clothing for ones’ family. The end of the war of 1812 is when the major shift is noticed. Although the U.S. had slowly since the American Revolution been shifting towards the market style economy. A market style economy is the large-scale manufacturing of goods to be sold rather than to be kept. The new ways of transportation, communication, and the Lowell textile mills caused the shift in economy style to be noticed.
As the economy grew due to technology and new ideas, most Americans earned more money than they ever had. Most jobs of the time paid well, compared to the past, and were centralized in major cities. More money called for some way to spend it, consequently, the mass production of luxury goods and nationwide
The Industrial Revolution brought about an overwhelming amount of economic change to the United States. The first Industrial Revolution started in Great Britain and in Europe in the latter part of the eighteenth century and, it then spread to the United States and Germany. The Industrial Revolution itself refers to a change from hand and home production to machine and factory (Kelly). During this time period, America was growing in knowledge. The industrialization of America involved three great developments. Transportation was expanded, electricity was effectively harnessed and many improvements were made to several industrial processes (Kelly). Although this change greatly helped the United States economy, it had both a positive and negative impact on the lives of the American people.