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How Did The Market Revolution Affect The Economy

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Aside from the industrial upgrades, there were other effects on American society that came along with the market revolution. It affected the country socially and religiously. By building new roads and canals, the market revolution changed the way people worked and planned out their lives. This altered individuals' lives, ambitions, dreams and goal productivity. Meanwhile the market revolution provided new opportunities and additionally increased freedom, with it, it also created great concern. Even though the traditional markets were limiting, they helped stable communities and subsidized to social stability within the people. There was a rise in immigration as Foner mentions “The idea of United States as a refuge for those seeking economic …show more content…

So, after that there was no more barter economy with others. But a market based economy capitalism was developing. Even though, considering that the changes brought by the market revolution, helped strengthen the United States economy, and everyone followed along and had some plan to achieve, there were still those people who did not want to go along with the shift of the market economy. People like Thomas Jefferson and most of the Southern states. Jefferson always though that strong individuals meant a strong nation. Which part of it is true but that is not what the market revolution was about. It concluded of people working together, through hard labor and communications. He strongly believed that republican democracy would work best in a nation of independent people. Southerners went a bit against the market revolution and its economy. Like the others, farmers specialized in growing a certain crop and make the most of it, they focus on the invention of cotton gin and the beneficial outcome that also helped the expansion of slavery. The south was for slavery, they wanted policies that allowed the expansion of slavery. But the north was just the opposite. There were many issues regarding slavery, for example there was the Missouri Compromise, Compromise of 1850 and Kansas- Nebraska

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