Causes Of The Market Revolution

Through the period of 1865-1900, America’s agriculture underwent a series of changes .Changes that were a product of influential role that technology, government policy and economic conditions played. To extend on this idea, changes included the increase on exported goods, do the availability of products as well as the improved traveling system of rail roads. In the primate stages of these developing changes, farmers were able to benefit from the product, yet as time passed by, dissatisfaction grew within them. They no longer benefited from the changes (economy went bad), and therefore they no longer supported railroads. Moreover they were discontented with the approach that the government had taken towards the situation.

When the Canal was built towns all along the route from Buffalo to Albany prospered from the revenue and the attraction the Canal brought with it. Whether the Canal was being used for business people, immigrants, settlers of the region, or tourists, the border-towns all had some appeal to these persons. After some time the state was continually asked to expand the Canal from the original route to include connecting canal routes. However, the same towns along the route from Buffalo to Albany had already been established along the lines of the original canal. These towns would need to be relocated in order to obey these new requests. This presented a major problem because the people in these towns had formed a life around the Canal and many of them made their income based of the Canal. The inhabitants of the towns changed their mentality from not wanting the Canal to invade on their lives, to it being an essential part of their lives they depended upon.

The Market Revolution made America a capitalist country and less of an agrarian. It was also a driving force for the Industrial Revolution and helped thrust America onto the world stage. No longer were farmers pursuing a subsistence life style, they were now growing food and other crops for sale to buyers domestically

The first industry to be completely revolutionized was the textile one. The revolution of the textile industry began with inventions such as the “spinning jenny” which made producing thread much easier. (“Industrial Revolution”).

In the period 1865-1900, technology, government policy, and economic conditions all changed American agriculture a great deal. New farming machinery had a large role in the late 19th century, giving farmers the opportunity to produce a lot more crops than they used to. The railroads had an enormous influence on agriculture. They were able to charge the farmers large fees, expenses that farmers barely had enough to cover, in order to transport their goods throughout the expansive country. The booming industry also changed American agriculture, creating monopolies and gaining incredible wealth with which the farmers simply could not compete. Economically, the monetary policy along with the steadily

The economic “market revolution” and the religious “Second Great Awakening” shaped American society after 1815. Both of these developments affected women significantly, and contributed to their changing status both inside and outside the home. Throughout time, women’s roles and opportunities in the family, workplace, and society have greatly evolved.

In the period 1865-1900, technology, government policy, and economic conditions all changed American agriculture a great deal. New farming machinery had a large role in the late 19th century, giving farmers the opportunity to produce many more crops than they had ever been able to previously. The railroads had an enormous influence on agriculture. They were able to charge the farmers large fees, expenses that farmers barely had enough to cover, in order to transport their goods throughout the expansive country. The booming industry also changed American agriculture, creating monopolies and gaining incredible wealth with which the farmers simply could not compete. Economically, the monetary policy along with the steadily dropping prices of

I believe that one the most major innovation that also brought change in the market revolution was the Eli Whitney’s invention of the cotton gin in 1793 because America lacked cotton most of 1700s, regardless of the fact that they had ability to construct textile factories and had waterways for transport. The southern planters in the past made effort to grow cotton, but never succeeded because cotton was labor intensive, so they dropped the idea and went to plant rice and tobacco, because during that period they tried growing cotton, it normally takes a lot of manpower and slaves use a whole day to separate maybe a pound of cotton seeds from fibers. They basically dropped every other crop in place of the newly profitable cotton. Also With the invention of the cotton gins, factories in the North were producing cotton cloth and cotton became the major crop in the south. Also the planters wanted increases in slave labor to plant enough cotton to take advantage of their new production capacity and this made them purchase thousands of slaves from the West Indies and Africa before slave trading was banned. As a result of the purchase of this slaves and extra manpower, the individual plantations increased in sizes, from the normal small plots to big farms with as many as several hundred slaves each. Due to the economic bloom there was a demand in labor

The Market Revolution drastically increased industry in the United States. Its emphasis on economic development caused people to limit the rights of others for the sake of expansion and progress. Liberty overall contracts during the Market Revolution since opportunities for economic freedom and personal liberty have been restricted for various groups because the new economic way of thinking amplified disparities that had already existed before the Market Revolution.

The Erie Canal was set in the state of New York which would be built to connect Albany and Buffalo. The concept of the Erie Canal began fifty years before actually starting construction in 1817. However, completion of the Erie Canal did not end until 1825 which resulted in a water route 364-miles long that connected the Hudson River in Albany and the Great lakes in Buffalo. Industrialization was sped up by the Erie Canal decades after it was completed because it improved transportation, trade, commerce and settlement in the United States.

Following the Civil War, a second industrial revolution in America brought many changes to the nation’s agriculture sector. The new technologies that were created transformed how farmers worked and the way in which the sector functioned. Agriculture expanded and became more industrial. Meanwhile government policies, or lack of them for a while, and hard economic conditions put difficult strains on farmers and their occupation. These changes in technology, economic conditions, and government policy from 1865 to 1900 transformed and improved agriculture while leaving farmers in hardship.

This made it very hard for the individual states to come up with the money. Usually private investors took care of this issue (Roark, 260). Canals were another way for an increase in transportation. They would connect cities, such as the Erie Canal, which covered the area between Albany and Buffalo and connecting New York City to the area of the Great Lakes (Roark, 261). Railroads also came into the picture with the first railroad, the Baltimore and Ohio in 1829 (Roark, 262).

The market revolution changed the economic life for all Americans. It took place in the early decade of the 19th century. Historians and writers as Eric Foner writes in his book Give Me Liberty!, one example is when he talks about the market revolution he refers to serious economic changes that took place between 1800s and around 1840s which included many things such as great improvement in transportation, building steamboats, the telegraph and the Erie Canal, which was about 36o miles long canal from the Great Lake to the Hudson River. This upgrade made it a cheaper, easier and faster transportation. By making these great improvements, products were able to be sent to other places to make more profit. Not only profit came out of it, but this gave

Technologies such as the Cotton Revolution and internal infrastructure improvements started the momentum of the Market Revolution forever changing American society. After the American Revolution ended with the Treaty of Paris in 1783, the newly freed United States of America needed to resolve three major issues; according to Larson, these three problems include massively in debt, destroyed capital, and unable to participate in Atlantic trade. With only having a young generation eager to find their wealth, they used their “good title” to the west to expand. The cotton gin created the first land boom and an enormous expansion of slavery. Soon to follow were textile factories, with the invention of the first machine to spin yarn by water power. While expanding west, entrepreneurs developed turnpikes, created new transportations to travel the rivers (steamboats), and dug the largest canal of the time. Before the market revolution, during the seventeenth and eighteenth century, the economy of America was a merchant capitalism. Merchant capitalism revolved around farmers and artisans. Farmers and artisans were friends with their peers, to form significant relationships. They traded crops and labor for each other’s goods. They established principles of honor and a sense of trust that allowed these farmers to survive. When farmers had surplus crops or wanted something they could not provide for themselves, artisans would be around to help fill the demand. Artisans were

The Commercial Revolution began in Italy because the starting area was near Ancient Rome civilizations and the center of trade with other regions, so information was quick firing from all directions. People used literature to learn like the Book of the Courtier which explained a modern noble.