In the early 19th century there was an economic boom called the “Market Revolution.” There are many factors that took place in the late 1700s and early 1800s that contributed to the beginning of the market revolution, the cotton industry and cotton gin, the population growth and expansion of the United States, and the transportation revolution and industrial revolution.
Farmers would produce crops for their families and they would have surpluses of the crops as well which they sold in local trades. This was the basis of the economy and when they started to produce the cotton and other cash crops, it became more of a demand instead of doing a national trade with Britain. In 1793 the cotton industry expanded rapidly because of a man named Eli
Farmers would produce crops for their families and they would have surpluses of the crops as well which they sold in local trades. This was the basis of the economy and when they started to produce the cotton and other cash crops, it became more of a demand instead of doing a national trade with Britain. In 1793 the cotton industry expanded rapidly because of a man named Eli