Market Revolution In The 1800s

Unfortunately, with few exceptions, navigable rivers and lakes did not link up conveniently to form usable transportation networks. Before the war of 1812m some Americans considered canals as a likely solution, but enormous costs and engineering problems had limited canal construction to less than 100 miles. After the war, the entry of development opened the way to an era of canal building. New York State was most successful at canal development. In 1817 the state started work on on a canal that would run over more than 350 miles’ form Lake Erie to the Hudson River. About three thousand workers worked on digging a huge ditch that would eventually form the Erie Canal. The last leg was completed in 1825 and the first freight boat made its way from Buffalo to Albany and then on to New York

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.

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.

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.

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.

The market revolution in the United States brought a sudden change in the manual labor system originating in south and digressed to the north and later spread to the entire world. The integral part of the economic growth in the United States in the nineteenth century was a good thing that brought change in the market. In respect to the change, America took its first major step in creating the world’s most stable and strongest economy, which gave room for growth among the citizens.

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.

The period between the American Revolution and the Civil War had great significance for the United States' economy. Although initially the economy seemed unstable at first, after the second war that America fought with England, the economy began to show considerable growth thereafter. This can be seen as the result of the cotton trade in the South and the eventual industrialisation of America, especially in the Northeast and later the West. From the invention of cotton gins to the adaptation of railways one can see how the United States used their opportunities and resources to their full advantage, transforming their economy to be able to compete among the worlds leading economical countries.

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 Erie Canal being one very famous example of how this all changed. The Erie Canal was proposed in 1808 but wasn’t completed until 1825, it was a canal that linked the waters of Lake Erie to the Hudson River. The Erie Canal at the time was engineering marvel to the world, partially because of the 568 foot rise from the Hudson River to Lake Erie, it used a large amount of aqueducts and locks to do so. The Canal by 1830, had carried more than $15 million worth of goods and product annually. The Canal eventually had to have an increase in size from what was originally 4 feet deep and 40 feet wide into a massive 70 feet wide and 7 feet deep, allowing boats to also increase load size from the usual; 30 tons of freight to a whopping 240 tons of weight. In the time between 1836 to 1862 is when the enlargement occurred, and by 1850 the annual figure rose from $15 million to $200 million. Giving it a large impact on the flow of economy through transportation.

The Erie Canal was the next important aspect of the American System that provided a different way to import and export goods, especially helping regions like New York. The produce that was transferred on the canal was carried on small boats from farms to ports. When people wanted to get place, they were carried from port to port by large steamships. The Erie Canal lowered transportation costs, carried greater amounts of grain to Eastern Ports, and delivered coal from Pennsylvania to New York and New Jersey. This canal made a huge contribution to the wealth and significance of New York City, becoming the chief U.S. port and creating a large population surge in western New York. Since more people were moving into the state more towns and cities were created that also contributed to America’s economic growth by bringing in more businesses as well as goods and materials. The Erie Canal was a major aspect in bringing in new business and people into the United States and helped companies expand to a larger range of clients. With this new wealth that New York had, it could help other states grow by sharing resources and labor

In the early nineteenth century, the market revolution helped the growth of the United States’ economy and become the nation that exists in present day. This was one of the biggest change that helped the United States to take its first step in creating the strongest economy and maintaining it stable for decades. This change did not happen in a short time, but it took several years to build it up and with that came along some positive and negative effects. The market revolution acknowledges the radical changes that took place in the early 1800s, it helped link the country together through an impact of society, religion and majorly through the growth of economy, meanwhile at the same time increasing the nation’s sectional differences

When the Erie canal was finished and opened, transportation flourished. Transportation increased, farmers were transporting more wheat and barley to Major cities like New York and Baltimore. As shown in chart 1, the amount of time it took to travel by wagon was about 30 days, and costed $100 per ton. The travel time by the Erie canal was about 9 days, and costed $6 per ton. This proves that transportation by the Erie canal was faster and cheaper than transportation by wagon or river, and wasn’t as tiresome as walking: But, the Erie canal doesn’t go everywhere either. This caused people to make new ways of transportation. Ways like: the train, plane, and now, cars. These were invented because inventors hoped that they would make as much, maybe even more, money than the Erie

Prior to the War of 1812, transportation systems were slow and severely expensive. However, during the Jacksonian era, major improvements were made with the building of major turnpikes and the invention of the steam boat. Political information also traveled much faster, since mail carriers had easier routes to deliver newspapers, mail, periodicals and books. So forth the construction of man-made canals linked states together forming a water-highway for trade. One such canal, the Erie Canal created a link between Albany, Buffalo, New York City and the entire Great Lakes region. Later, the canals started facing competition from the new railroad that were being built across the country. In all, the economy faced a major boom during the Jacksonian Era, inflation grew so high to the point that people started fearing a burst in the

By building canals, you could connect cities by water and make inland transportation quicker and easier. In April 1817, New York authorized the construction of the Erie Canal. The Erie Canal was a 363-mile canal connecting Albany on the Hudson River with Buffalo, New York. When completed in 1825, the Erie Canal was immediately popular. It was an inexpensive route from New York to the Old Northwest. Not only were goods able to be transported faster, but the cost went down as well. The cost of inland transportation plummeted from $100 a ton to less than $8 a ton. The Erie Canal also linked farms in the West to markets in the East. This led to a growth in agriculture and growth of the national markets, otherwise known as the Market Revolution. The Erie Canal revolutionized transportation and set the path for states to begin building their own canals to promote