Premium Essay

How Did The Industrial Revolution Affect The Economy

Submitted By
Words 358
Pages 2
The Industrial Revolution took America by storm, every new invention changed the economic state of the country. Goods were able to move throughout the country faster than they ever have at the time, the trading routes had easier and safer access to them, and the borders of the country have greatly expanded, giving Americans the power to enhance their property. The division in social classes were more defined, the middle class was made more evident rather than it being just the upper and lower class. People were beginning to move away from their rural lifestyles and convert to their modern urban lifestyle. As President Jefferson bought Louisiana from France, decisions needed to be made. Someone needed to go explore the land and report back

Similar Documents

Premium Essay

How Did The Industrial Revolution Affect The Economy

...Economic Change In The Industrial Revolution Economy before the Industrial Revolution was weak and not being used as well as it could have been. There used to be small towns, with no industries that didn’t have much money at all, and only englishmen living there. However in the South you wouldn’t notice as big as a change, because there job was to produce from agriculture and not much else. The Industrial Revolution was when all of those problems or descriptions had been mostly changed, because industries and money makers started to take over. The Industrial Revolution changed the American economy by producing. Changes in the South were not as big as they were in the North, however since there were such big changes in the North, it lead to the south having more producing to do on the farms. Since the North needed so much cotton to produce, That meant the South needed lots of people to pick all the cotton. They would by slaves which were somewhat expensive, but it...

Words: 556 - Pages: 3

Premium Essay

How Did The Industrial Revolution Affect The Economy

...After the Industrial Revolution: Industrial Revolution has greatly promoted the improvement of the social productive forces, so that the accumulation of social wealth grow, the United Kingdom, for example, from 1770 to 1840. The average daily rate per worker increased by 20 times. British cotton consumption from 1800's 52 million pounds to 455.9 million pounds in 1840; pig iron production in 1720 was 25,000 tons, increased to 139,640 tons in 1840; coal production in 1790 was 2.6 million tons, in 1836 increased 30 million tons. Increased wealth, promote the improvement of the overall level of income, for the development of tourism provides economic base. (Peng Shun Sheng, Development History of World Tourism, zhong guo lu you chu ban she, 2006,...

Words: 342 - Pages: 2

Premium Essay

Document 1

...Unit 6: The Industrial Revolution, ca. 1780-1850 Chapters 22 (McKay) Study Guide Directions: Part I of the study guide will not be assessed as part of the Study Guide grade; however, it is a crucial component of the Course Notebook grade. You are required to provide a 2-3 sentence identification of each term that appears below. This identification should include a basic definition of the term (who, what, where, when) and also a statement of significance (So what?). After each unit, you should print these terms and place them in your Course Notebook. At times, I will ask you to bring these notebooks to class so that I can check your progress in this matter. Part I Identifying Key Terms Notable People Thomas Malthus David Ricardo Andrew Ure Henry Cort James Hargreaves (spinning jenny) Richard Arkwright (water frame) Robert Owen James Watt (steam engine) Friedrich List George Stephenson Friedrich Engels Terms and Events Industrial Revolution Great Exhibition of 1851 Chartist movement Capital Capitalism Luddites Protective tariff Trade union Mass production Domestic system Separate spheres Zollverein Factory Act of 1833 Combination Acts Parish Apprentices Grand National Consolidated Trades Union Craft union Economic nationalism Class-consciousness Mines Act of 1842 Urbanization Part II Review Questions Directions: Check your understanding of this chapter by answering the following questions in about four-five well written and effective...

Words: 1662 - Pages: 7

Premium Essay

The Industrialization After the Civil War

...History Dr. Reeves Introduction 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. Major Aspects of Industrialization Three major aspects of industrialization during 1865 and 1920 were society, economy and politics. American society changed when the civil war was over and there was a need for jobs. Big companies, like Ford and Rockefeller, and railroads were coming into play now. This changed US society from being mainly an agricultural society to where factories and manufacturing was now in control. With these big changes going on, many Americans left their homes to find jobs in farming and factories. The standard of living went up. This, in some ways, improved people’s daily lives. However, there were many negative affects; for example, to the environment, such as pollution, work hours were extremely long, job environments were dangerous and living conditions were horrible. The American economy brought more jobs, mainly because of factories. This brought...

Words: 1445 - Pages: 6

Premium Essay

Industrial Revolution Research Paper

...Economic Summative Essay How has expansion and innovation brought social, political, and economic changes to the United States between 1860-2015? America is a country in which Expansion and Innovation are always happening. From the time of the Industrial Revolution where real and practical innovation stated to begin at a rapid pace until today. Still innovation and expansion are always prevalent. Innovation and expansion have brought along many changes in politics, social aspects of life, and the economy. So, how has expansion and innovation brought social, political, and economic changes the the United States from the time of the Industrial Revolution to the present? Robber Barons at the time of the Industrial Revolution had a huge influence...

Words: 907 - Pages: 4

Premium Essay

Women And The Industrial Revolution

...The Industrial Revolution Industrial Revolution meets a series of social, economic and political changes that began to appear in England in the mid eighteenth hundreds. Subsequently, these changes spread to other countries and regions in the world such as France, Belgium, the Netherlands, northern Germany, the United States and Japan, finally change the world. When considering the Industrial Revolution, it is important to keep in mind the negative consequences as well as the global changes that took place. Back in the 18th century when the revolution began the majority of people lived in the countryside; new changes came from the growth of cities alongside the growth of the industries. We have to realize that with the Industrial Revolution...

Words: 1738 - Pages: 7

Premium Essay

Assignment 1.2

...the short span of 55 years between 1865 and 1920 the Industrial Revolution brought vast expansion of big business and a change to the American people. Lad by Henry Ford’s assembly line industrial powers such as Carnegie, Huntington, and Rockefeller emerged and built their empires. Birthed from these industrial empires we witnessed the growth of legislation and laws that where susceptible to manipulation by the development of corrupt politics. With the surge in technology, growth of super powers, environmental issues, government legislation, or corrupt business practices or corrupt government the industrial revolution exploded in a time where change was needed to draw the American eye away from the deadly Civil War, which so many where still attached to, and focus on the theoretical idea “a better way of life”. The Industrial Revolution was sold to the American people with the false since that if you work hard you will acquire wealth. This lie to the populace was met with a flood of American and immigrant workers that swarmed to the workforce for low wages and unhealthy work environments. Imbedding this idea into the American workforce the Industrial Revolution spawned business power houses like Carnegie, Huntington, Ford, and Rockefeller. The Industrial Revolution also bestowed on us the corrupt business and political practices that shaped the laws and regulations that are practiced today. The Industrial Revolution saw itself spawn from three industries that led the...

Words: 1657 - Pages: 7

Free Essay

Hist 110

...History 110 / Midterm Study Guide During this part of the course we address several different themes that shaped modern America. The first is the importance of the Civil War and Reconstruction in setting the stage for the great industrial growth and development in the late 19th century. The second theme is the impact of industrialization in late 19th century America--economically, politically, socially, and culturally. A third theme centered on the emergence of an aggressive America foreign policy that in general sought to export American values and ideas so as to bring order to the international scene. The fourth major theme is the rise of progressivism in the first two decades of this century. Like the unions and Populists before them, the Progressives responded to the tremendous impact of industrialization and corporate capitalism on American society, however with much more success. A fifth theme centers on the American entrance into World War I and the war's impact on American society and politics. A sixth theme is the conflict over values and power in American society. Different groups (African-Americans, KKK, nativist/anti-immigrant, socialists, women, etc) with their own unique visions of what American society should be came into conflict over whose vision should predominate. A final theme is emergence of a powerful, welfare state in the form of the New Deal which finally addressed in a large-scale and systematic effort the negative consequences inherent in capitalism...

Words: 1041 - Pages: 5

Premium Essay

SOC 370: Relationship Between Population Growth And Economic Development

...Livi-Bacci provides potential relationships between the two by focusing on certain theories. This chapter opens up with the two competing perspectives of these potential relationships. The first is seeing population growth as a negative force, putting pressure on fixed or limited resources, eventually leading to an increase in poverty. Malthus backs up this negative relationship perspective with the law of diminishing returns. Diminishing returns will occur when population growth increases and, in a fixed environment, a point is reached, causing the output to diminish gradually. Diminishing returns will cause for poverty, while the fixed, limited resources will level off. Malthus argues that population growth is determined by the growth of the economy. The Malthusian model demonstrates population checks, keeping the fate of the population in the hands of...

Words: 1833 - Pages: 8

Premium Essay

The Effects of Industrialization

...Assignment 1.2: Research Paper THE EFFECTS OF INDUSTRIALIZATION AFTER THE CIVIL WAR Renee Whaley History 105: Contemporary U.S History Professor Michael Dixon February 7, 2016 The Effects of Industrialization after the Civil War Introduction This paper will focus on the industrialization period that followed the civil war and the effects it had on the society, economy, and politics. This paper will also touch on three different groups affected by this period known as the industrial age. Finally, this paper will look at the daily life of an average working American and how it was affected by the industrial age. Society, Economics, and Politics The Industrial Age (better known as the Industrial Revolution) had an affect on nearly every aspect of the American life. This included its society, its economy, and its politics. From the north down on through the south and eventually to the west, society changed through the Industrial Revolution. The north saw more of an ideal lifestyle. Factories and a surplus of jobs created more opportunities for people and as a result, many began to move towards the north in search for a better lifestyle. As population grew, housing became a problem. Companies would build housing close to factories so its employees could walk to work but poor building codes saw companies taking advantage of this. Plumbing became obsolete, the water system became polluted, and diseases would often sweep through the tenements. In the south, the...

Words: 1422 - Pages: 6

Premium Essay

The Shift Between Traditional and Modern Society

...From the Industrial Revolution in the 19th century till the present day, the shift between tradition and modernity has developed incredibly. The relationship between traditional and modern society, also known as ‘Mass society,’ is distinguished between the past and present, along with continuity and change. The establishment of different inventions and customs from traditional society have been handed down from generations to generations, which help shape modern society. However, one may wonder, what are the main features from traditional society that have made a dramatic impact for life today? Also, is one more sympathetic to one society, than the other? Traditional and modern families have several differences in terms of family honour, gender roles in the labour force and marriage, along with the role of government on legitimate killings and the food markets. Furthermore, technology from the industrial revolution, such as, the automobile, coal mines, and steam engines also played a great role. Thus, through the many different concepts, the role of family, government and technology, one can see that modern society is better developed and more individualistic than traditional society. FAMILY In traditional society, the honour of one’s family is based on the behaviour of the family as a whole. An individual who does something wrong, can affect not only their own honour, but also the honour of the entire family. This results in a downfall of the family’s reputation and how that family...

Words: 3029 - Pages: 13

Premium Essay

Technology as the Engine of Economic Growth and Development

...Social Consequences of the Industrial Revolution Two significant social consequences of the First Industrial Revolution were working conditions in the factories and urban living conditions from the growth of cities. The Industrial Revolution of the 1700s was a time of drastic change and a major move towards technological and social and economic changes. Socially, this was a transfer from a largely rural population in which a livelihood from agricultural and artisan craftsmanship moved towards urban centers which engaged in factory manufacturing (Fitzgerald, 2000). This was the forefront to a new way of life. The Industrial Revolution grew out of the development of the Industrial Economy with the appearance of factories from the technological inventions in several areas such as mining, iron, chemicals, and steam power. It was steam power that drove a widespread growth of several areas in particular the textile industry. Out of this innovation a new concept of the industrialized factory was introduced to society. The factory would be largely responsible for the growth of urbanization as workers moved to these urban areas in search of employment at the new factories (Fitzgerald, 2000). Due to the urbanization of these cities, the infrastructure could not keep up with the population growth. These urban areas became inundated with people looking for work. Urban areas lacked decent housing, sanitary codes, education, and police protection. The densely packed and poorly constructed...

Words: 3115 - Pages: 13

Premium Essay

Evaluating the Market

...Evaluating the Market Since the industrial revolution the role of markets in society has been heavily scrutinized. The standard market vision alludes to a market where values and relationships are external to the exchange of commodities. The foundation of this market vision is based off individual’s self-interest and the idea that individuals aspiring to obtain their own goals will create a beneficial outcome for society as a whole. Unfortunately, this early conception of markets was too primitive in its ideals and did not include influential aspects of the market in its evaluation. Friedrich Hayek and Karl Polanyi, two economists, elaborate on their beliefs of the market and how though it is the most functional system there are other variables that influence the market. Hayek discusses multiple positive traits of a free market system. For example, the idea that multiple individuals aspiring to achieve their own goals creates competition advocating the best product for society at an optimum price. Hayek elaborates that he concurs with the market vision to an extent but describes the market as not one big ambiguous entity but a catallaxy of multiple markets effecting one another. A catallaxy is “brought about by the mutual adjustment of many individual economies in a market. A catallaxy is thus the special kind of spontaneous order produced by the market through people….” (Hayek 1937, 109). Hayek displays that with this catallaxy our free market system requires little regulation...

Words: 860 - Pages: 4

Premium Essay

Industrialization During 1865 and 1920 That Influenced U.S. Society, Economy, and Politics

...OUTLINE & THESIS STATEMENT Impact of Industrialization after the Civil War on American Society (Thesis & Outline) [Strayer University] [U.S History 105] ] Impact of Industrialization After the Civil War on American Society (Thesis & Outline) Part 1- Thesis Statement The Industrial Revolution marks a major turning point in human history; almost every aspect of daily life was influenced in some way. After the Civil War, industrialization took on an unpredictable change of events that had a major affect on improving American life. The Industrial Revolution affected farming, manufacturing, and legislatives and led to a increase in the wealth and prosperity of the countries in which it occurred.. First, new and improved methods of planting and harvesting crops, breeding and rearing animals, and fertilizing the land increased productivity. Second, arrival of steam-powered farm machinery meant to replace farm laborers were needed to work the land. Third, Homestead Act, a significant amount of land had been set aside for cheap to migrated families from the west. Farmer were able to own their own home and farm using on their own time and resources, once their obligations to the government were fulfilled in 5 years the land was theirs with no strings attached. Although the war was over and slavery was abolished, nothing changed much for African American. They still had to work for their masters, and were limited to the rights they had...

Words: 1216 - Pages: 5

Free Essay

Society of the Spectacle - Guy Debord Reading Report

...Society Of The Spectacle | Guy Debord Modernity and Post-Modernity | Reading Report By Maeve Lejeune Guy Debord’s book Society Of The Spectacle, published in 1967, explores the social control that capitalism and the media has on society (Jenkins, 2013). Debord was a French Marxist theorist (The European Graduate School, nd) who observed how society was affected by the decisions made by people in powerful positions. During Debord’s life and writing, social upheaval was deeply prevalent in the world. He wrote Society Of The Spectacle after WWII, the death of Adolf Hitler, and in the midst of the Cold War and Vietnam War. The book, Society Of The Spectacle, discusses modernity and post-modernity by identifying key influences that shape society and the way that people consume products and interact with each other. This report will discuss the book by highlighting the dominant themes of Capitalism, mass-production and consumption, and the influence of the media on society. The report will also use examples from the Holocaust to compare and contrast with the theories of modernity discussed in the Society Of The Spectacle. Society Of The Spectacle demonstrates Debord’s understanding of the divisions between classes and discusses the downfalls of Capitalism. Throughout the 221 theses, which make up the book, Debord suggests that the relationship people have with the world is not necessarily with the ‘real’ world. Society’s relationship with the world is based on the...

Words: 1741 - Pages: 7