From the years of 1760 to 1840 the industrial revolution boomed through country after country of the western world. Nonetheless business wasn’t really booming till the post Civil War Era, thoughtfully penned as the Gilded Age. This was the time of industrial triumph in the US and the rest of the world. That is until the government started to impose itself on the people.The government should not have regulated business in the Industrial Revolution as these businesses started America’s financial and industrial growth, increased the overall wealth of humanity and allowed for leaps in technological and scientific growth. The government shouldn’t have regulated business in the Industrial Revolution as they are the reason for America’s financial
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With growing populations in smaller areas and the increased need in goods people turned to innovation to increase product output and ease life for the working people. As the world urbanized “The cities desperately needed larger food supplies to feed their growing populations. The answer to the problem appeared in the form of new designs for farm machinery that could do large amounts of work with fewer laborers”(Benson). Many new ideas came out of the Industrial Revolution including the National Railroad as well as the Erie canal. Businesses drove society forward in a race to outdo one another, allowing for an innumerable amount of ideas to come forward. Innovation was everywhere at this time to make life faster and easier for everyone. Many fields rose up from the ashes due to businesses competing for the upper hand in their market “During the Industrial Revolution, fundamental changes occurred in such major sectors of the economy as agriculture, metal manufacturing, textiles, and transportation. In these revived sectors, productivity and technical efficiency were much improved as science and engineering were introduced (and accepted) in the manufacturing process”(Lerner, Lerner and Benson). Fields that seem accepted today were just gaining footholds in society all due to the need for innovation driven by competition in
With growing populations in smaller areas and the increased need in goods people turned to innovation to increase product output and ease life for the working people. As the world urbanized “The cities desperately needed larger food supplies to feed their growing populations. The answer to the problem appeared in the form of new designs for farm machinery that could do large amounts of work with fewer laborers”(Benson). Many new ideas came out of the Industrial Revolution including the National Railroad as well as the Erie canal. Businesses drove society forward in a race to outdo one another, allowing for an innumerable amount of ideas to come forward. Innovation was everywhere at this time to make life faster and easier for everyone. Many fields rose up from the ashes due to businesses competing for the upper hand in their market “During the Industrial Revolution, fundamental changes occurred in such major sectors of the economy as agriculture, metal manufacturing, textiles, and transportation. In these revived sectors, productivity and technical efficiency were much improved as science and engineering were introduced (and accepted) in the manufacturing process”(Lerner, Lerner and Benson). Fields that seem accepted today were just gaining footholds in society all due to the need for innovation driven by competition in