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How Did The Industrial Revolution Affect The Economy Of The Late 19th Century America

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How Did The Industrial Revolution Affect The Economy Of The Late 19th Century America
After industrialization during the 19th century American life was never the same. Political changes included the need for government involvement in a Laissez-faire type of government involvement in business as well as the emerging of new political parties. There were also social changes the most apparent being the increasing gap between the poor and wealthy in the factories. Economics also transformed into big business owners, poor workers and low earning farmers in southern rural areas. The American industrial revolution made major changes to both urban and rural areas in the aspects of political, social and economic life. Many political parties and platforms were a result of the industrial revolution. The Populist Party emerged because of the workers wanting more representation for their rights or the lack thereof. Because of factories workers were not being treated fairly and were forced to work in terrible conditions. The government at the time had a hands off approach to governing big businesses which lead to monopolies and very rich and powerful political figures that would be put into offices based on who they were friends with and not their ability …show more content…
Factory workers were making too little in order to enjoy social extras while large corporate owners lived their life in comfort and delicacies. In the rural areas of the nation there were becoming less and less farmers because many of them were moving to the industrialized urban areas that are the cities. They wanted to make as much money as fast as possible just like the business men that ran those very companies. There were also many new ethnic groups in America because people were being recruited from other nations to come to America and make money. This forever changed the culture of America and subsequently the society of America itself. One of the biggest changes in was the economics of

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