MArket Revolution
During the War of 1812 and the Embargo Act, Americans faced the need to produce goods on their own. Therefore after the war, industrialization and production skyrocketed. The industrial revolution, the shift from an agrarian economy to one of manufacturing, changed the way American made, bought and sold their goods. The “Market Revolution” refers this change the way that the American economy connected itself to form a national market. Increased internal improvements, communication, transportation, and networking transformed local and regional market within the country into a national one able to compete on a global level. The economies of each region grew and flourished during the Market revolution. The innovations of the revolution fostered the Northeast’s industry as well as allowing it to connect to the other regions. The Midwest increased in western migration and realized commercial agriculture while also connecting itself. At the same time, the South increases its production of and revenue from cash crops. The market Revolution expanded the Industrial revolution by connecting American producers to consumers, expanding the economy by linking Northeastern industry to Midwestern agriculture, as the South focused on the enormous cash crops of cotton. The Northeast always held the title of the most industrious and urban center of the nation, and the Market Revolution only lent to increasing its industrial capacity. The call for mechanization ensued to create a cheaper and effective method of production while simultaneously freeing laborers to do other jobs. Samuel Slater created the first American factory, and this system later carried on through companies such as the Boston Manufacturing Company. This company, spearheaded by Lowell, Appleton and Jackson, employed hundreds of workers within its cotton mills. With the success of its first factory, the company and others set up multiple factories throughout the Northeast. These buildings lead to