Summary: The Development Of Early Republic Economy

Between the American civil war and The Revolution, a new more commercial state was developed after the death of an old subsistence world. The American integrated industrial revolution technology into a new marketable economy. New national transportation networks and mills powering were fueled by a technology that moved steam boats, railroads and steam power. The market revolution spread across the nation and farmers grew more crops for commercial purposes. Cities and factories arose in the northern region. A new middle class emerged and people started working in the economy sector and were free from bound dependence of slavery.
The Development of Early Republic Economy
The American life was reshaped before the civil war by the growth of the
the impacts of transport and communication network development reshaped the lives of many Americans. Trade was enhanced and food stability was witnessed. Six American cities founded few decade earlier met the threshold by 1850. The new transport and technology were paving ways for such development.
The northern slavery declined while there was a rise in the cotton kingdom. The market revolution depended on slave labor plantations in the south and free labor factories in the north. Slaves provided free labor in textile factories and in the cotton plantations. The new market economy encouraged the growth of the farms in the south.
The desire to produce cotton transformed the system of labor in America. Before, workers were expected to work in all stages of production. However, this new system encouraged division of labor and specialization. The market revolution changed the factories. There was increased market for craftsmen products. Producers abandoned the old way of product manufacturing and adopted new methods which were more effective and efficient. There was also changes in gender roles as all people started working. Women and children worked to earn and support their male