How Did Industrial Technology Affect The Economy In The 19th Century

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.

The civil war created massive Industrial and economic boom, by the 1870s in conjunction with the surge in immigration of 1890s. Up to the 1900’s the United States was primarily agrarian really only concerned with settling the land that had come under its control. Disputes were primarily internal and the largest part of its immigrant population came from northwestern Europe for the purpose of farming. However, the Industrial Revolution has now really been to take hold in of the US. As the US begins to exploit its natural resources it could now complete in the world markets against the great industrial powers of Europe

During 1870-1899 the U.S was rapidly growing in the development of industries. At the time technology was advancing while many companies/corporations were establishing within the region. According to Document A from the Historical Statistics of the United States indexed prices bar graph, in the beginning of 1870 the U.S was stable, while Americans in the meantime we're creating unions & organizations. The decrease began after 1870, with many new corporations, and factories opening up the indexed prices spiked down. The most dramatic downfall was the fuel and lighting prices during this era, with the high of 150 in indexed value at the start of 1870, it decreased down to 50 indexed value in 1899 (29 years). This result led to high cost living rates, and for immigrants to struggle living or

The American economy underwent a tremendous economic transformation between the years of 1790 and 1860. The economic growth can be associated with a number of factors; for instance, changes in transportation, communications, and agricultural production. Therefore, the American traders reaped a huge profit from trade due to the improved communication, agricultural systems, and transport system because they could carry out business without any difficulties and this led to the growth of the American economy.

The American economy up until 1800 was characterized by the Jeffersonian dream of a nation stimulated, and dominated, by the entrepreneurial culture of independent farmers/artisans. However this changed by the 1870s as the country was propelled into the Industrial Revolution, which would lead to the development of a new faster/efficient system of production based on the the assembly line, division of labor, and advanced machine technology. By cutting transportation costs and accelerating the flow of goods, people, and news (Henretta 295), these economic revolutions allowed the American economy in 1860 to become characterized by a surge in large manufacturing cities (such as Chicago and St. Louis) which became dynamic centers of commerce. revolutions

The first clipper ship launched was the Rainbow, by John Griffiths, to carry large cargos of goods and travel at breaking speed records. In my opinion, clipper ships were the most impactive invention on the northern economy because no other country had such a swift vessel as the U.S did, allowing us to win a gigantic portion of the world’s sea trade. The North were dependent on these new inventions to help the economy expand.

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.

The beginning of technological innovations in America included the steamboat, the train, better roads and canals, the telegraph, and interchangeable parts. Steamboats replaced slow barges, and new riverboats

After the Civil War, the United States went through a period of rapid industrialization which affected the nation dramatically. Industrial growth, the spread of railroads, the rise of big businesses, and the appearance of labor unions during these decades created a modern industrial economy, and American workers and farmers faced new challenges in adapting to these changes.

While industrialization grew in the 19th century, many people came to the United States to the cities for jobs in the new industries where jobs were readily available. industrialization led to the complete separation of home and workplace. Where, most people had worked in or near their own homes, and businesses were often family affairs, with wives and children being involved. It also meant that people's home lives were separate from their working lives in a way that they had not been before.

Seventeen years after the invention of the deaconess lightbulb, back on March 18th, 1896 a group of 23 people representing a wide variety of organizations met at the headquarters of the American Society of mechanical engineers in New York City. The purpose was to develop a national electric code of rules for electrical construction and operation. Other meetings had been held in the previous years to establish consistent rules for electrical installations, but this was the first national effort. The number of electrical fires was increasing and the need for standardization was becoming urgent. By 1881, one insurer had reported electrical fires in 23 of the 65 insured textile mills in New England. The major problem was the lack of a nationwide

The America economy faced challenges of transition at the end of the civil war; it was an agrarian-oriented economy that heavily relied on slave labor in the cotton plantations for exports to Europe. Reconstruction of the Southerners was majorly affected because of the necessity of creating another workforce system instead of the prohibited slavery. From a purely agricultural economy, the country was in the phase of the industrial revolution, but during the prewar era, industrialization was nearly exclusive to the northern region leaving the Southern America far behind (Foner & Eric, 2011).

“Account for the U.S economic volatility in the late 19th century (specific to the Gilded Age and Progressive Era)”

The economy of early America certainly had its share of struggles, in addition to its years of profitability. The economy was influenced by a number of different goods lowing in and out of the country, as well as services offered in the country over an almost 200 year period. Some of these influences are certainly more important and had a greater effect than others, namely slavery, the production of cotton, and the revolutionary war. While many of these economic factors were around through the end of the civil war, there were many changes that took place within the production of these goods that caused the economy to boom, or recess in some situations and time periods.

The Industrial revolution improved the American lifestyle all the while causing many problems along the way. The Industrial Revolution contributed to the growth of cities and their economy. This created more jobs thus causing for workers to move their families to the northern regions of the country for work on farms or factories. The Industrial Revolution also contributed to many aspects that negatively affected some Americans’ working conditions, living situations, rate of pay, cause of death and illnesses and many other problems for the American people.