Setting a up a stable economy after declaring independence and becoming a new nation was no easy task, but America had eventually reached hope in the economy throughout The Era of Good Feelings. America being a new nation, needed to produce on their own; causing the development of internal industry in America which in effect positively impacted the economy. Wealth was also now being distrubted more evenly. During the American Revolution nearly half of the nations wealth was concentrated in a small percentage of the population, but with new emergences of innovation the gap between the rich and the poor was widening. The economy was positively changed because there were improvements in transportation which stimulated the circulation of money in the economy, also the new American system,devised by Henry Clay, brought the protection of American industries by a protective tariff but lastly the system also stimulated bank loans to people looking to invest in a …show more content…
An example of the new roads developed to connect the country include the National Road which was the first federally funded road. The construction began in 1811, and by 1818 it stretched from Cumberland, Maryland to Wheeling, Virginia. What the National Road did for the country was that it fed the demand for the connection of large cities in the west as well as other parts in the country. The road was reliable and for those who followed westward with heavy wagons for settlement purposes or goods transportation, as it gave people a route of guidance. An account published in the 1800’s presented the success of the National Road by stating "There were sometimes twenty gaily-painted four-horse coaches each way daily. The cattle and sheep were never out of sight. The canvas-covered wagons were drawn by six or twelve horses...". In addition to the roads that were built, there was the addition of privately owned tolllhouses and tollgates that were built by the states around each major U.S. city which was essential to the growth of the road system(Dangerfield, G). The Turnpike Era was important as it brought along the first federal public project which was seen as a large success.