The Market Revolution sparked social change in many ways.
Cities grew, factories sprouted along with “the clock” and the “mill girls”
, and immigration increased. With the new inventions like steamboats and canals, there was a growth of “slave-based cotton plantations in the South” (331).
What were the causes and effects of the market revolution?
What were the three primary causes of the Market revolution?
Rapid improvements in transportation and communication
; the production of goods for a cash market; and the use of inventions and innovations to produce goods for a mass market.
What were the effects of the market revolution?
The market revolution sparked
explosive economic growth and new personal wealth
, but it also created a growing lower class of property-less workers and a series of devastating depressions, called “panics.” Many Americans labored for low wages and became trapped in endless cycles of poverty.
What were the main effects of the market revolution?
The market revolution sparked not only
explosive economic growth and new personal wealth but
also devastating depressions—“panics”—and a growing lower class of property-less workers. Many Americans labored for low wages and became trapped in endless cycles of poverty.
What were the effects of the market revolution on gender and family roles?
This ideal, of course, ignored the reality of women’s work at home and was possible for only the wealthy. The market revolution therefore not only transformed the economy, it changed the nature of the American family. As the market revolution
thrust workers into new systems of production, it redefined gender roles
.
What were the causes of the market revolution?
What were the three primary causes of the Market revolution?
Rapid improvements in transportation and communication
; the production of goods for a cash market; and the use of inventions and innovations to produce goods for a mass market.
What was life like before the market revolution?
Before the market revolution,
economic transactions for farmers took place within the moral economy
, which was characterized by local business dealings and based on face-to-face interactions with familiar people. With the market revolution, however, farmers and local exchanges were no longer the basis of the economy.
How did the market revolution change the economy?
The market revolution sparked
explosive economic growth and new personal wealth
, but it also created a growing lower class of property-less workers and a series of devastating depressions, called “panics.” Many Americans labored for low wages and became trapped in endless cycles of poverty.
How did the market revolution lead to increased sectionalism?
The invention of the cotton gin in 1793
triggered a huge demand for slave labor to develop new cotton plantations. … By 1819, there were exactly 11 free and 11 slave states, which increased sectionalism in the United States.
How did the market revolution changed America?
In the 1820s and 1830s, a market revolution was transforming American business and global trade.
Factories and mass production
increasingly displaced independent artisans. Farms grew and produced goods for distant, not local, markets, shipping them via inexpensive transportation like the Erie Canal.
What were the main elements of the market revolution?
Key Components of the Market Revolution –
Transportation, Mechanization, and Commercial Farming
. Following the War of 1812, the country looked to expand into the western territories in order to take advantage of the economic opportunities there as new markets opened up.
Why did the United States experience a market revolution after 1815?
Why did the United States experience a market revolution after 1815?
Because of transportation and manufacturing
, the face of American changed in the 1800s. Urbanization brought factories, growth, and numerous immigrants from Ireland and Germany.
How did the market revolution affect women’s rights?
“The market revolution was
successful in exposing women to the workforce
, pushing them away from the early idea of “cult of domesticity” in colonial days that claimed a woman’s job was to watch the household and take care of the their children and husband.
How did the market revolution affect the lives of artisans?
How did the market revolution affect the lives of artisans? …
New competition created opportunities for specialized skills of artisans, so their numbers expanded
. c. Gathered in factories, they faced constant supervision and the breakdown of craftsmanship into specialized tasks.
How did the market revolution affect religion?
Often, when they grew tired or dissatisfied, they changed churches again. In other words, just as the market revolution
freed people from traditional webs of exchange and obligation
, the religious revolution unleashed by revivalism freed people from their traditional church affiliations and commitments.
How did the Market Revolution affect farmers?
During the Market Revolution, agriculture in the United States
began to shift from subsistence farming to larger commercial operations
. This shift in agriculture catered to emerging domestic and international markets, mirroring a movement away from local markets.
