Economic Growth Between 1820 And 1860

America had a huge industrial revolution in the late 1800”s. Many changes happened to our great nation, which factored into this. The evidence clearly shows that advancements in new technology, a large wave of immigrants into our country and new views of our government, helped to promote America’s huge industrial growth from the period of 1860-1900.

Technology greatly transformed American agriculture from just plain farming to commercial farming. The mechanization of farming made farming easier and more profitable. As shown in Document D technology was helping farmers, making farming more easier and they were able to do many jobs quicker. But, Farmers couldn’t afford to send crops to other places At the beginning of the 1840s the railroad began to transform American agriculture, by the 1860’s all states east of the Mississippi had rail service. As shown in Document B there were multiple railroads all around the country. The farmers were ecstatic about this new technology because they could send their crops to other areas, when before they didn’t have the money to be able to do so. Other new technologies were arriving such as the mechanical reaper and the steel plow.

Nearing the end of the Civil war and the beginning of the twentieth century the United States went through an economic revolution. During this time there was abundant natural resources, a growing supply of labor, and expanding market for manufactured goods. Because of all abundances the federal government encouraged the expansion of the railroads. This would benefit the United States economically. The Railroads were so important because it made the “second industrial revolution” possible. In 1913 the United States was producing a major amount of the world’s output. Which is more than Great Britain, France, and germany combined.

The period between the American Revolution and the Civil War had great significance for the United States' economy. Although initially the economy seemed unstable at first, after the second war that America fought with England, the economy began to show considerable growth thereafter. This can be seen as the result of the cotton trade in the South and the eventual industrialisation of America, especially in the Northeast and later the West. From the invention of cotton gins to the adaptation of railways one can see how the United States used their opportunities and resources to their full advantage, transforming their economy to be able to compete among the worlds leading economical countries.

With the internal improvements spreading throughout early America during the 1830 and 1840s, science and organized experimentation became more important than ever. As a result of the transportation revolution, America started undergoing revolutionary changes in its industrial system. Manufacturers moved from being ran by small families to large business-ran as the costs and complexities increased. Additionally, in the 1840s, laborers started striking for better working conditions and shorter workdays. With the rapidly growing industrialization, we start seeing a greater need in the improvement of technology throughout America. Technologies such as the Francis Turbine, which increased the efficiency of water power, are needed to power the larger manufactures that continue to succeed. Furthermore, we see the ideology of Manifest Destiny play a role by creating heavier need for a means of transportation, as well as that for a means of communication. The circumstances leading up to and during the 1830 and 1840s create a larger demand for technological innovations than ever

During this time America saw some of its most rapid increase of immigration and population, not to mention westward expansion. Between 1880 and 1900 many cities grew in the hundreds of thousands, making work, shelter, and life a little more competitive. Much of this was

Imagine having to wait a long period of time for a letter from your beloved because they had to send it through horse. Or even better, imagine having to wait for wheat or meat restock in your city due to the distance the store purchased it from. America industrial growth couldn’t have occurred without the industrial giants of the period. The industrial giants gave the states more opportunity to create and move quicker to provide the nation.

In the late nineteenth century known as the Gilded Age (or the Reconstruction period) and the early twentieth century known as the Progressive era, the nation went through great economic growth and social change. Beginning from the 1870s, there was rapid growth in innovations and big businesses. This could be because there was population growth and when there is population growth, there is a high demand of products and other necessities in order to strive in society. Many immigrants from Europe, mostly from the eastern and southern Europe, and Asia moved to American cities. Additionally, farmers from rural America desired to increase economically in society and since corporations ruled and political problems occurred, they decided to move

Communication, transportation, and the trading of new goods changed the culture of the United States. Machinery for mass production, like the Spinning Jenny, the Iron mining industry and coal mining industries created a culture of constant communication, trading and commerce between U.S citizens. Textile Factories and other innovations in this time created various jobs for Americans and created tradeable crops for American to exchange with other countries. (Lec 12) With this, throughout the 1800s, the population of the United States grew to 31.4 million by 1860. (Lec 12). This shows the improvement of economic relationships within the United States.

The new era economy reflected the industrialization that the country had just undergone. Although there was a recession from 1921-1922, after 1922 we enter a period of uninterrupted prosperity, and growth. As Americans incomes increase, and prices decrease, this allowed for more of a disposable income. Middle class families are now able to buy cosmetics, fridges, vacuums, and automobiles. Technology also greatly influenced the major economic growth that occurred. The automobile industry became the most important industry in the nation. It was very similar to a domino effect, once auto manufacturing increased and was successful, other industries such as, steel, rubber, glass, and oil companies also increased their production due to the purchases made by the auto manufacturers. Automobile manufacturing created jobs, and as the radius of cities was extended, the demand for more automobiles increased. Unfortunately, farming became a double-edged sword. In the 1920’s tractor usage quadrupled, but the problem was that the demand for agricultural goods was not increasing with increasing production. This created

Transportation developments in the late 1800s sparked economic growth that would dramatically improve the American economy. These developments include but are not limited to, the first transcontinental railroad, a universal gauge, and advancements in railroad transportation safety. It is because of technological advancements such as these that allowed the American economy to develop into the capital machine it became. Railroads undergo a lot of development after the Civil War. The transcontinental railroad is finished in 1869.

As the economy grew due to technology and new ideas, most Americans earned more money than they ever had. Most jobs of the time paid well, compared to the past, and were centralized in major cities. More money called for some way to spend it, consequently, the mass production of luxury goods and nationwide

     During the 1920’s, four of America’s leading industries began to struggle. First, railroads had difficulties because of the growing competition from cars, trucks, and busses. Second, textiles floundered because of the foreign competition from India, China, Japan, and Latin America. Furthermore, the revolutionary transformation in women clothing reduced the amount of material needed and thus lowered the demand for cloth. Third, the coal mining industry struggled because of competition from cheaper, more widely available resources such as natural gas, oil, and hydroelectric power. Fourth, America’s agriculture industry staggered chiefly from overproduction. Many farmers borrowed money to expand their operations and couldn’t pay back their loans because the prices of crops dropped about 50 percent due to foreign agricultural competition.

Economic growth is defined as the increase in the market value of the goods and services produced by an economy over time. It is measured as the percentage rate of increase in the real gross domestic product (GDP). To determine economic growth, the GDP is compared to the population; also known as the per capita income. The Economy in the 19th century was consists of agricultural development, development of transnational railroad network, and the emergence of industrial capitalism. And in the 20th and early 21st century what took place was that the industrial development and the rise of manufacturing, depression and boom, along with the rise of service sectors and information technology. At the early stage of the American Revolution, America had limited land were 9 out of 10 Americans lived on a farm and about 100 years later there were about 2 percent that where still living on the farm, today 1 out of every 500 Americans is a fulltime farmer. With the amount of land in America during the 19th it brought millions of immigrant to the U.S where there where large families

Until the late nineteenth century, the United States was still an agrarian community. As factories sprouted to process the products obtained from agriculture and to manufacture farm equipment, there rose