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Economics of the World Fair

The Columbian World Fair was an extremely large exposition that took place in Chicago. Many people visited this incredible exposition to learn about other countries’ and cities’ cultures and ideas. Twenty-seven million people visited the Fair and it was an incredible achievement for such an event. The Columbian World Fair totally revolutionized the U.S. Economy.

Chicago hosted the Fair, but it was not the only city that wanted to host it. Many other cities and towns had campaigns to get support to host the Columbian World Fair. At the end, Chicago won. Selling five hundred thousand shares of stocks sponsored and paid for the Fair. All the shares were sold almost immediately.

The World Fair quickly became very popular, because it was going to have exhibits of one invention that was very popular at the time: electricity. Everyone knew that electricity could revolutionize factories as well as many aspects of life, so people rushed to see the new technology. This brought many speculators and entrepreneurs to the Fair and introduced many countries to higher technology and production.

Technology was quickly growing more complex by the minute,


Judith Adams said, "...most of all, the Columbian Exposition was a spectacle for the emerging technology that would power and transform the coming new century - electricity." This is actually quite true, as many countries acquired their technology

people know about the World Fair, it is something people should know about because it had a big impact in everyone’s lives even if it does not look like it.

Transportation systems such as the railroad started to be used more. More tracks were built and more trains were put into functioning. This caused a major boom in trade and transportation, and it revolutionized the way people traveled

meant less money spent on their salary, which meant more money for the owners, hence, bigger companies.

complex. All this made item products go down, and stock values go up. Competition was hard, but many companies still made it to the top. (Johnson, Rossiter, A History of the World Columbian Exposition...)

The Columbian World Fair of 1893 led to major changes in the industries of the United States. Although maybe not too many

Some topics in this essay:
World Fair, Columbian Exposition, American Renaissance, Fair Chicago, Economy Chicago, world fair, columbian world, Columbian World, columbian world fair, led major, fair introduced, earned money, people visited, meant money, columbian exposition,

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Approximate Word count = 779
Approximate Pages = 3 (250 words per page double spaced)


  

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