Wednesday, May 6, 2020

The Market Revolution Essay - 1042 Words

During the late 1700’s, the United States was no longer a possession of Britain, instead it was a market for industrial goods and the world’s major source for tobacco, cotton, and other agricultural products. A labor revolution started to occur in the United States throughout the early 1800’s. There was a shift from an agricultural economy to an industrial market system. After the War of 1812, the domestic marketplace changed due to the strong pressure of social and economic forces. Major innovations in transportation allowed the movement of information, people, and merchandise. Textile mills and factories became an important base for jobs, especially for women. There was also widespread economic growth during this time period†¦show more content†¦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. Th ey 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). There was an abundance of natural resources during this time period. The forests provided the wood needed to heat the rising growth of the factories and to supply paper for the increase of books and newspapers. The transportation growth provided people with a way tp receive literature in distant areas. Sawmills had to use the waterwheel for power. The steamboats pummeled a pathway through the rivers, but also deforested the land in their pathway. This brought about America’s first issue with air pollution. Textile mills grew because of new inventions that would make the product and people willing to work for a living. In the 1790’s, Samuel Slater built the first factory in Rhode Islan d, which had a machine that could spin thread and yarn. This allowed an increase in the New England area of spinning mills. In Lowell, Massachusetts, factories were created on the Merrimack River combining all parts of cloth production, such as combing, spinning, shrinking,Show MoreRelatedThe Market Revolution Essay1100 Words   |  5 PagesThe antebellum era held many beneficial innovations for the United States. The Market Revolution led to improvements in both travel and technology that guided America to become a more productive nation. More opportunities became available to all Americans which led to growth and prosperity of the people. The Market Revolution was beneficial to America in every way possible. 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