Pros And Cons Of The Post-Civil War Economy

The U.S. consisted of natural resources that would become the driving force for the thriving economy. The central idea of the post-Civil War era of corporations was the dependence on raw materials from around the world and sold goods in global markets. The rising economy was beginning to influence future infrastructure of the growing United States before the Civil War. Also, the politics was a huge part of the disputes of the big businesses that would later be the main reason corporations grew. The U.S. entered a “new economy” which increased in number, size, and influence on big business on politics between the period of 1970-1900 that led to rapid increase in American changes in the economy.

The population of the United States doubled which allowed the growing population for a demand in expanding infrastructure. Although, the rapid industrial growth of the nation’s natural resources reserved were coal, iron ore, copper and other metals which began to add mileage that
increased between 1873 and 1881, the iron and steel industry was a beneficiary of the expansion of the railroad system. The increase in big business affect the production and mechanization by the nation’s economy — banking, manufacturing, meat packing, oil refining, railroads, and steal — were dominate in big corporations.

The North and South had advantages at the start of the Civil War.
The North had advantages of bigger population, more factories, more weapons, more railroad tracks. The South advantages were geography, well-led army, enslave labor, and strong fighting spirit. Also, the Dingley Tariff of 1897 was tariff rates that were used on sugar, salt, tin cans, glassware, and tobacco, iron and steel. On the other hand, immigration played an important part to the economy when it came to jobs in business or factories also settling in cities. Urbanization caused people to move from rural areas to urban settlement in the Gilded Age which many corporation, business, and factories were located in urban centers. The politics of a New Imperialism of a policy of extending a country’s power and influence through diplomacy of military force of finding raw materials and new markets, focused on small settlements but extensive government control, colonized Africa and Asia, and founded colonies to benefit the home
country.

In conclusion, the expanding economy needed an increase in a work force to manage the big business, resulting in an immigration within the economy. Also, the politics of a New Imperialism of a policy of extended a country’s power and influence through diplomacy of military force. So raw materials and new markets, focused on small settlements but extensive government controlled it and colonized Africa and Asia, founding colonies to benefit the home country. The infrastructure led to a new economy and political views of raw materials to benefit the country in what was needed within. The post-Civil War era of corporations led to new paths of a growing economy of immigrants, resources, and moral views.