Market Revolution Dbq

The new government views in the late 1800’s helped to promote America’s huge industrial growth because not one party controlled the government anymore; so all views were used to formulate new ideas.

The Market Revolution occurred in the United States, in the 19th century and was a drastic change in the manual-labor system originating in the South and soon moving around the entire world. The Market Revolution has been viewed as one of the most influential events that occurred to the economic world in the history of modern society based in terms of the economic development. The invention of many new items helped people performed certain tasks more efficiently and this lead the world to be able to produce a lot more goods in a shorter period of time. The impact of the Market Revolution on the world as one was that it catapulted the world economy into an almost chaotic state. Which means people had access to a much wider variety of goods

In the years leading up the American Civil War, a pivotal moment for both America and the world, society was revolutionized within the United States. Specifically, the American Economy progressed from an artisanal business model, where individual citizens specialized in a craft and sold domestically on a small scale, towards a more capitalist environment, where wealthy individuals used capital to create large factories and increase output. Moreover, the main cause of the Market Revolution was a drastic increase in the capabilities of technology during this time period, known as the “era of good feeling”. Furthermore, as a result of the Market Revolution, the life of the everyday American changed completely, no longer were the days of working

The Industrialization era in the United States brought immense change to the rebuilding country after the civil war. During the Industrialization era in the United States reforms were made to help create a better working condition to go along with the increase of production and growing number of people in the workforce. Key individuals helped advance the process of a more industrialized America, however corruption in business and politics also monopolies in certain parts of industries came with people’s desire to attain more wealth. The Industrialization era helped modernize the country into what we know today.

The American industry developed gradually in the first half of the nineteenth century. A sequence of levies sanctioned by the congress between the year 1816 and 1828 safeguarded the manufacturing industry (Johnson, 2012). However, Samuel Morse the inventor of the telegraph system was credited for his successful discovery that brought a great impact to the American culture and expansion as well. This paper

America developed as an industrial and agricultural colossal in the late nineteenth century. Beatified with limitless pure natural resources, remarkable technologies, ruthless population growth, entrepreneurial energy, and little to no government interference the United States cultivated very rapidly and changed perilously than ever before. Only within three or four generations after the Civil War the primarily base rural nation ranked fourth as the world’s main commercial, agricultural, and industrial power. In the 1900s the United States controlled global markets in steel, oil, wheat, and cotton. Businesses grew greatly in size and power. Social tensions and political corruption aggravated the rising scale of business enterprise.

A kind of market revolution was also starting up during this pre war/wartime in the north. It was also something white southerners would fear. The market revolution was the process in which long distance commerce would start up and take over, contributed to by the transportation revolution with the creation of roads, railroads, canals, etc.

In the period between 1890 and America joining the First World War, the United States experienced dynamic growth. The time became known as a 'Second Industrial Revolution'. The United States was transformed through population growth, technical innovation, and exploitation of the country's natural resources. There was an increase in urban populations and range of economic activity. Extracts 1, 2 and 3 present different views on this era of economic growth. Extract 1 looks at America's natural resources, the growth of technical ability and industrial capitalism, and the creation of a continental domestic market. Extract 2 takes a look at the weaknesses of the Gilded Age economy, which resulted in poverty and periods of depression and panic. Extract

Post-Civil War, many changes in America start to form that were suggested to be for the greater good of America. Although economics could drive the American economy, it could not steer (693). The first change in the market was the transition toward “collective individualism” whereas firms and corporations began to expand, the concept was changed to focusing on time and the standard of rationality. As Alfred Chandler mentioned “the managers of ‘modern business enterprises preferred policies that favored the long-term stability and growth of their enterprises to those who maximized in current profits’” thus, many market mechanisms were replaced that were the center of the “dynamic of classical competition between individuals and firms in a truly free market” (693). Although this did not destroy the free market, it did open up the gap between market theory and actual practices in the economy which welcomes more critics, reforms, adapters, and revisionists.

The United States transformed into an industrial economy in the late 19th century. An outburst of technological innovations fueled the growth of the industrial economy. The rise of industrialization in America had a more negative than positive impact on the development of American Society because of political corruption, work exploitation, and economic developments. The industrial economy brought political corruption to the United States.

The market revolution is the term used to describe the expansion in the consumer market in the early 19th century. Both would create a domino effect of change. Many would say that the revolution begun with the opening of the first efficient factory in America in 1790 by Samuel Slater. This was a great turn for the American textile industry. He was the first to bring the British textile technology to America, making him known as the father of the American Industrial revolution.

Imagine a time when the only way to get around was by riding a horse, or a time when the only way to get in contact with someone was sending a letter, or a time when the only way to dig a hole was using a shovel, during the mid-19th century young innovators, Alfred Nobel, Samuel Morse, and Thomas Edison developed machines that made doing all that easier. Inventions and innovations like dynamite, the railroads, and the telegraph helped the United States’ economy grow. Scientist developed, a railroad that connected New York City to San Francisco, a telegraph that could send messages across long distances within minutes, and dynamite which could blow up anything along its path. The United States had a small, weak, economy, until the mid-1800s when inventions and innovations united and strengthened the economy.

The master narrative to the phenomenon of the Market Revolution attributed American ingenuity for its economic development in the early part of the 19th century. Advancements in transportation and communications propelled the nation to compete in the global economy. Historian Ian Tyrell concurs with this statement, as he states that some US industries flourished through foreign trade and that it “‘occupied a share of world trade disproportionately large[r]’ when compared to its population.” However, Tyrell challenges the master narrative by arguing the country’s economic development was both influential and influenced by other world economies. In the classroom, teachers can expand the spatial framework to include other global actors that contributed

by the government, meant there were no laws against who could work and who couldn’t

Considering occurrences that followed the Civil War, the paper examines how industrialization affected the US between the years of 1865 and 1920 on social, economic and political aspects.