Effects Of The Market Revolution
The Market revolution was an economic transformation, a scene of the innovation of transportation such as the; steamboat, man-made canals, railroad and communication such as the telegraph. Steamboats “helped to bring economic development to the trans Appalachian west”, up the Erie Canal the world’s largest man-made waterway that connected the region around the Great Lakes with the Atlantic Coast via the Hudson River. The railroads opened vast new areas of the American interior for settlement while also stimulating the demand for coal for fuel, it also helped lower the cost of transportation and made it far easier for economic enterprises to sell their products. The railroad “linked farmers to national and world markets and made them major consumers of manufactured goods”. The telegraph made possible instantaneous communication throughout the nation it was created by Samuel F.B. Morse in 1830’s it helped speed the flow of information and helped even out the price of goods across the nation.
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The south region remained overwhelming rural while in the North the region was transformed into an “integrated economy of commercial farms and manufacturing cities”. The spread of market relation, “the westward movement of population and the rise of vigorous political democracy all reshape the idea of freedom, and identity, evermore closely with economic opportunity, physical mobility and participation in a vibrantly democratic political system.” the market revolution and territorial expansion were “intimately connected with a third central element of American
The south region remained overwhelming rural while in the North the region was transformed into an “integrated economy of commercial farms and manufacturing cities”. The spread of market relation, “the westward movement of population and the rise of vigorous political democracy all reshape the idea of freedom, and identity, evermore closely with economic opportunity, physical mobility and participation in a vibrantly democratic political system.” the market revolution and territorial expansion were “intimately connected with a third central element of American