19th Century Economy

Decent Essays
There are many things the new economy in the early 19th century taking about for the U.S. citizens. The U.S. economy changed dramatically during the 19th century due to country transformed from the rural agricultural nation to an urban industrial manufacturing country in the world. There are changes in the rural area, where farm families grew their own food, produced their own furniture and goods. They are more reliable in their self also. In country, government focused to improve their road, bridge, technology, mass production, the creation of a national market, and territorial expansion though the world new economy. The New World then progressed from small economy colonial to independent farming economy and a highly complex industrial economy.

Related Documents

  • Improved Essays

    During the time period in which reconstruction from the Civil War has passed, cities are growing by the millions. Immigrants are flooding to America and to the highly available factories for a chance at working in the midst of new industries and technologies. Job opportunity was just waiting for the millions of people looking to settle in the cities. While these large areas are becoming even larger, America is changing in big ways.…

    • 603 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    By the mid 1800s, America had gotten into the swing of things. The government was under the control of one political party with a functional governing document and all three branches were working together to sort out the rough spots. Not only was the government prospering, it was an all around Era of Good Feeling because the time had finally come to advance the economy. The industrial revolution and the market revolution worked hand-in-hand to change the way of life of many United States citizens. The industrial revolution implemented the beginning of mass production and factories over handmade goods.…

    • 577 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    In the early years of the nineteenth century, Americans' endless commercial ambition remade the nation. Between the Revolution and the Civil War, an old, stubborn world died and a new more-commercial nation was born. Americans combined the technologies of the Industrial Revolution into a new commercial economy. Steam power, the technology that moved steamboats and railroads, fueled the rise of American industry by powering mills and sparking new national transportation networks. A "market revolution" was busy rebuilding the nation.…

    • 304 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    From 1840 to 1860 the total trackage length in the US increase more than nine times. Railroads in the mid 1800s were booming across America, following them was many radical changes. One of the first evident changes was one of independence; train lines diverted traffic from water ways, this in turn made the West in addition to the South more independent from their Northeastern counterparts. Rail lines were important for expansion across the nation, thousands of people used them to move Westward. People in the Western part of the nation were now able to trade more efficiently; their goods could be transported for export quickly.…

    • 288 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    A socialist critic would say that this capitalistic interaction was by its nature unsound: a system driven by the one overriding motive of corporate profit and therefore unstable, unpredictable, and blind to human needs. The result of all that: depression for many of its people, and periodic crises for almost everybody. Capitalism was an early nineteenth century a sick and undependable system. Only showing some steps of “social/self-reform when threatened.…

    • 70 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Industrialization Dbq

    • 1685 Words
    • 7 Pages

    In the late nineteenth century and early twentieth century the Industrialization in the United States occurred and is where innovative changes happened. This period of time was portrayed mostly by the substitute of hand made production by machine production. Many social and economic alterations resulted, therefore changing the way of people's lives, such as the farmers, working class, and middle class. The society desired for new ideas of manufacturing that a variety of change given, leaving the American societies to face the burdens to endure the burdens that were occurring with industrialization.…

    • 1685 Words
    • 7 Pages
    Improved Essays
  • Decent Essays

    There are many factors that can be credited for the growth of the American economy between 1790 and 1860. Some of these factors include change in communication, change in agricultural production, and change in transportation. But there are two factors that played a huge role in that growth, they are: changes in transportation and changes in agricultural production. Changes in Transportation According to Meyer (n.d.), in the 1820s through the1830s government and private sources invested a lot of money into the railroad and into canals.…

    • 575 Words
    • 3 Pages
    Decent Essays
  • Improved Essays

    Economic Growth in America Between 1790 and 1860 Not very long after America obtained its independence in 1776, an inconceivable age of growth began. Developments and improvements were occurring at an expedited rate. Changes that occurred in communications, transportation, and agricultural production caused the economy of the newly formed country to flourish and rise profoundly between the years of 1790 and 1860. The Industrial Revolution took place during this time period and contributed immensely to the technological advancements that stimulated the economic growth of America.…

    • 676 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    During the nineteenth century, the Industrial Revolution and Westward Expansion were both important developments in America. The Industrial Revolution was when Americans’ mindsets changed as a result of new innovations and the changing economy. For example, after factories could turn cotton into yarn, farmers knew they could grow wealthy from cotton growing because the demand for raw cotton increased (Hakim NN 106). Also, since factory goods cost less than handmade goods, “ordinary people could afford things they had never been able to buy before” (Hakim NN 108). People had the chance to gain more opportunities, but they wanted even more.…

    • 1266 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    The Era Of Good Feelings

    • 943 Words
    • 4 Pages

    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…

    • 943 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    A positive part of the new industrial America was the invention of new tools and other resources that people could use in their workspaces. The invention of the telephone allowed people to communicate over long distances and also helped businesses spread because they were able to communicate with other branches throughout the United States. Inventions like the typewriter allowed people to write down and process information more thoroughly and also communicate their ideas without having to handwrite it all. Inventions like these also opened up America’s job market and allowed for more jobs to be created. This meant more jobs in factories that produced things, transportation industry like trains and railroads.…

    • 502 Words
    • 3 Pages
    Decent Essays
  • Improved Essays

    Progressive Era

    • 863 Words
    • 4 Pages

    The progressive era can be tied to many legal, economic, and social changes in the United States. It began as a social change campaign and quickly transitioned into an economic and political movement. After reconstruction it seemed that the North and South were united in interests of patriotism, white supremacy, and business opportunity that brought about many changes. Meanwhile, the west was increasing in population, development and cultural diversity. Much of this change was sparked by the industrialization that was introduced into American culture in the late 1800s.…

    • 863 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    The development of American technology transformed how commodities were being processed it also helped America become a more productive society. These new traditions of transporting goods connected small towns to the rest of the…

    • 959 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    This changed the American economy. New markets emerged and consumer preferences changed. Gross Domestic began to rise and businesses sought ways to capitalize on the growing economy. As consumer demand increased, so did the entrants into these markets. Competition…

    • 1424 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    During the late 19th to early 20th century, the United States made a transition from an agricultural economy to an industrial economy. The new inventions and methods increased the efficiency of production also created many job opportunities. However, the labor workers were exploited, women were mistreated and industrialization led to overcrowding cities. The growth of the industrial economy had many impacts on society. Although the economy was distinctly benefitted by industrialization, this did not come without a cost.…

    • 721 Words
    • 3 Pages
    Improved Essays