How Did The Market Revolution Affect The Industrial Economy

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. The stock market and tariffs that arose as parts of the market revolution were much more effective in the northwest than in the south due to their differing economies, but the internal transportation improvements positively affected both regions. The stock market provided business owners and citizens alike the opportunity to financially support and benefit from one another. However, because the economy in the northwest was industrial and the economy in the south was agricultural, buying and selling stock only applied to the northerners. The stock market allowed for the corporations in the north to expand by using money from investors while earning the investors money. This circulated cash flow and …show more content…
The market revolution, in part, occurred due to and for the industrial economy of the northwest. The market revolution worked out the logistics of the growing network of corporations and factories. Because the southern economy was agriculturally based, there was no market directly from the farms to consumers that needed reform.While the market revolution did not benefit every American at the time it was happening, the long term the effects of the market revolution were necessary in order to have the economic system America has