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Market Revolution Dbq

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Insert Title Before the Market Revolution, America as a whole differed greatly from the America that had developed during the start of the 19th century. The ideals and values of an American family life varied from those after the revolution. American economy had relied heavily on agriculture and people had a more personal work sphere. The government as well, was cautious when involving itself in the nation’s economic affairs. The Market Revolution overall played a big role in changing American society, economy, and politics by fueling sectionalism, increasing commercialism, and forcing the government to take on more responsibilities to benefit the nation. Society was one of the main elements of America to be impacted by the Market Revolution. …show more content…

In general, the government helped promote and support businesses in order to advance the U.S.’s economy. Some examples would be the fact that they limited liability and incorporation laws using charters to protect businesses, provided easy credit for loans, and supported entrepreneurs. This type of involvement is what closely relates the changes in politics to the changes in economy. Most of the government’s involvement came through the American System. Developed by Congressman Henry Clay, this system was meant to protect the U.S. industry with tariffs, initiate internal improvements, and stabilize the economy. Clay’s first part of the plan was to put protective tariffs primarily on European goods. The total value of foreign exports to the U.S. escalated dramatically in only two years, going from about $13 million (1814) to $151 million (1816). British goods had unbeatable prices and the competition threatened to eliminate American businesses. In order to prevent this from happening Clay decided to place taxes on imports which would ultimately raise European costs to American consumers, shielding the U.S. so they could survive the competition. Now that Clay had established a safer way to have the government support the U.S.’s foreign affairs, his second part of the system involved domestic improvement. By the 1820’s, the controversial issue on whether Congress had the power to nationally finance roads, bridges, harbors, canals, and railroads had finally eased up. Skeptics like Presidents James Madison and Monroe had finally softened up and agreed that the government “should play a larger role in building the nation's infrastructure” (Politics in the Market Revolution). They did this by making funds accessible to the states as well as coordinating the projects, a good example

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