American capitalism starts in the early nineteen hundreds with the market revolution. As America grew with people, so did the industry. This caused Americans to want more raw materials for their factories. Capitalist started building factories in city’s that were built around water, where rivers headed south to the gulf. Water power helped run mills, and also helped transport goods. They built mills to manufacture textiles, such as silk, cotton, and other fibers. Many important inventions were built during this time to cut labor cost. Take for example the loom it brought production to a faster level and labor cost down. The loom could be operated by two employees, instead of twenty employees weaving fabric by hand. According to Beckett, “At
