The First American Industrial Revolution
The First American Industrial RevolutionIndustrial Revolutions occur with the invention of new machinery that facilitates working conditions and in turn will change a nation’s way of life. A series of sub revolutions take place and the final outcome is drastic. The first American Industrial Revolution is no different; it will forever alter the United States economy between 1815 and 1850. An economy once based solely on agriculture will totally change and become one based on industry and trade of finished goods. Profit drives everything, so basic economic forces take place and 3 ways to increase profit appear. In order to increase profit more buyers are needed, a cheaper way to produce and a way to make more products are needed. Hamilton’s economic plan, as well as the Federalist and Republican plans, is successful in generating cash for the economy. The profits are coming from bonds issued to US citizens and taxes on imported goods that are also being made on United States soil thus promoting national sales over international sales. This is the very beginning of the first of 4 sub revolutions the commercial revolution. The war of 1812 made the nation aware of a need for better roads to transport troops and materials
Some topics in this essay:
West West, National Bank, Island System”, North West, Federalist Republican, Samuel Slator’s, Industrial Revolution, Witt Eli’s, Buffalo Railroads, Robert Fulton’s, sub revolution, industrial revolution, transportation sub, transportation sub revolution, american industrial revolution, american industrial, finished products, unskilled labor, weaving plants, farmers merchants, build factories, raw materials,
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Approximate Word count = 1467
Approximate Pages = 6 (250 words per page double spaced)
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