The Market Revolution: The Economic Expansion In America

When the first setters came in to the new world in 1607, there were ships carrying the first colonist to the new world who were dependent on what they have brought with them to the new land which was a few supplies and tools to help them build shelters and get feed. Many of the new settlers who couldn’t afford their passage to the new world found themselves becoming indentured servants who had to stay with the employer to pay off their debt for seven years. Settlers dream was to own land to have control over their own labor and some of the colonies owning land meant the right to vote, but once arriving to the new land, they noticed that the land was already occupied by Native Americans who had welcomed the newcomers goods that had a practical advantages items but the new setters were not interested in marrying them or having any sort of relationship with them, and those settlers who did married Indian women was to partially gain access to native societies and their essential wok to economic relationships. Many settlers felt as if the …show more content…
It was a hard time where the tobacco production was decreasing due to the poor demands that they had in Europe and at the same time sugar and indigo were facing a heavy competition from the West Indies. With nothing to produced the economy of many plantation owners were going down as well as the United States economy, but at the same time that the tobacco, sugar and indigo were facing rough patches, the demand of cotton was increasing since it had become one of England’s most requested item was cotton, Eli Whitney invented the cotton gin where it help removing the seeds from the cotton that was grown in the south since the high demand of cotton couldn’t be met with the production in the north, this item helped farmers to plan cotton throughout the south were it enabled America to produced 93 million pounds by