The American Economy : Service Oriented While The Us Manufacturing

As America was booming from government policies and new technology, population changes also took effect to contribute to the rise of industry. Population was steadily rising due to immigration, migration, and improved conditions of living. Millions of European and Asian immigrants came to America in search of a more promising and successful life. These immigrants created a growing work force that big industries took advantage of by using the minimally paid workers to help produce more for their companies. Along with westward migration in America, “In the post-civil war period, cities swelled in population as a twin migration of immigrants and rural Americans flocked to the glittering urban environment” (Riis 320). This urbanization solidified the transition of the nation from an agricultural economy to an industrial one. Also in the 19th century, population was at a high compared the past because of improvements in health care, a higher reproduction rate and a better standard of living. These population changes provided America with a large, growing consumer economy that allowed industry and business to thrive.

nation. Through development of industry, the United States was able to grow as a manufacturing

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.

During the late 1920’s, manufacturing caused the stock market to continue to reach new highs. Even the president said, “The great wealth created by our enterprise and and industry, has saved our economy, has the widest distribution among our own people, and has gone out in a steady stream to serve the charity and the business of the world...anticipate the future with optimism.” (Doc B) The

In the 19th century the market revolution, was the byproduct of those striving to acquire the American dream. Advancements in technology prompted better industrial machinery, and factories were no longer

Nearly each advancement we made contributed to the continuous rising of our economy. The extreme increase among jobs contributed to America’s wealth and money, there was a significant drop in homelessness, and families were allowed to live comfortably. “The image in document three shows that factories will begin showing up in small towns and villages” (Document 3). Now that there are more facilities to work, there are more jobs available for the common man. Previously there was only farming, but companies began moving into villages, meaning there are more jobs. “The image in document four tells people that there are more positions to fill. With the brand new assembly line, companies need five people to complete the task, as opposed to one” (Document 4). The automobile conceived a whole new job route with the assembly line. People now only needed to know how to piece together one thing and that opened up five or more times more jobs as there were in the past. “Railroad travel was fast. Going to San Francisco from New York City took only six days” (Document 5). To move this fast a train would need a team to operate it. The new engines required many workers; this showed that there would be work opportunities on the rail road too.

During the 19th century the United States witnessed major changes. America went through its own industrial revolution and the technological advancements in manufacturing created a surplus in manufactured goods. The country was producing more than it could consume. The Industrial Revolution evolved the country from a consumer of manufactured goods to a producer, causing a raising need for raw materials.

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

What triggered America’s huge industrial growth during the period from 1860 to 1900? Economic change had been a recurring pattern in history for as long as it has been documented. During the war of 1812 the United States was fought against the British because of the embargoes of 1806. The war, in a nutshell, was fought because the British didn't want the U.S to trade with anyone but Britain, and when the U.S tried they would embargo, or ban trade, with the U.S. Because there was no trade between Britain and the U.S, no goods were transported. Since the U.S didn't receive any good they had to be responsible for their own products, resulting in the market revolution. The market revolution marked the beginning of mass production. Entrepreneurs started to bring ideas, which formed the

The article "Why in America" by Nathan Rosenberg, we learn how manufacturing was important impact on America during the nineteenth century. America was primarily borrowed the European technology and the rate of technical change increased. There were three major reasons why american manufacturing has increased rapidly. The three reasons of rapid increase of American industries were the increase of population growth, larger amount of natural resources, and specialized machines.

The loss of manufacturing jobs in the United States is extremely important. As this article states, when manufacturing jobs are lost so are service jobs. For every manufacturing job lost to things like outsourcing, 3 service jobs are lost. Not only are the people doing the manufacturing losing jobs, but

The modern day American society hosts a broad spectrum of industries with various occupations and professions to engage today’s workforce. America, much like most first world countries is a service economy based on the exchange of knowledge and expertise rather than materials and products. People have a long history of work and work evolution that has ultimately brought America to a service economy producing both strengths and weaknesses within the society and its economy. As America has moved to a service economy, much of the manufacturing and production jobs have moved oversees to third world countries creating a reliance on other economies. This globalization of the workforce as well as unionization, and the

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

Overall activity in our nation’s manufacturing sector has declined and in recent years to the lowest level in more than two decades. Thus, the declines resulted in increased unemployment rates among the manufacturing industry in the U.S. One cause of the joblessness increase is because companies employ worker’s that are so productive that fewer employees are required to produce more goods. Ultimately, the U.S. economy is no longer manufacturing-based; rather, nearly 85 percent of U.S. jobs now come from the service sector.

In “Will Your Job Be Exported?”, Alan S. Blinder argues the quality and security of jobs in the future, service sectors in America will be determined by how offshorable they are. Blinder starts out the story with a quote by Edmund Burke, “You can never plan the future by the past”. Although he stated we are doing exactly that when it comes to getting the American workforce ready for jobs of the future. Blinder states “demand for labor appears to have shifted toward the college-educated and away from high school graduates and dropouts” (p. 8). According to Lou Dobbs, “Well under one percent of US service jobs have been outsourced.” Eventually offshoring for service sectors will exceed offshoring for manufacturing-sectors for 3 reasons. First simply because there is a greater amount of service jobs than manufacturing jobs in the US and other countries that are well off. Second, service sector offshoring continues to accelerate due to technological advances thus increasing the range of services offshore. And lastly, (e.g. Chinese and Indian) workers with the capability to perform service jobs continue to increase rapidly.