The Industrial Revolution was a period that took place from the 18th to 19th centuries by which society was moving towards a more urban society than an agrarian one. During the revolution ideas of establishing a mass economic country were huge goals for America. The 1860 through 1870s were known as the years of westward expansion. The California Gold rush of 1849 in San Francisco and the discovery of silver in Nevada promised Americans economic wealth. Although there were still economic instabilities and panics in America from 1860 through 1870, the construction of the transcontinental railroad did mark a turning point in the American Economy through the support given to monopolies and the regulation of business by the federal government. Therefore, the construction of the transcontinental railroad did mark an increase of markets and set the foundation of trade and commerce over long distances in American economy. …show more content…
In the South the economic revenue generated was primarily produced the slave economy and the growth of cotton. The lack of industrial development in the southern parts of the United States was not initially a problem, however the economy generated from slaves was not enough to support the cost of war. The collapse of the South was a panic and instability once the Union was once restored. One way to help reestablish the economy in America was through the approval of the Pacific Railway Act, which would provide jobs both on the railways and in the factories to build steel tracks and other tools for the locomotives. Another economic problem that occurred with the establishment of the transcontinental railway was over speculation and overbuilding by which the money invested was lost due to there being excess
Industrial Revolution Essay The advent of the industrial revolution affected workers in many ways, some good but mostly bad. The age of industry brought with it changes in class structure. Workers were over worked, not fed enough, and had little to no health benefits. Some workers during the Industrial Revolution worked so hard that they often had to quit work and in most cases died.
In the late 1800s, the Transcontinental Railroad was constructed and that transformed the United States in many ways. This railroad helped expand the United States out to the west that could sew the country together and be connected in some sort of way. The Transcontinental Railroad impacted the United States economically by populating new areas for agriculture and mining, taxing railway shipping, and by importing and exporting. To start off with, a reason for an economic impact is the way the railroad helped populate new land that can open for mining, agriculture, and retail. Due to being able to mine, farm, and sell more helps the country expand in valuable resources found in the country, while also being able to sell food and clothes the
The 17th and 18th centuries marked a period of revolutions that would be perceived as one of the most successful human advancement eras known in modern history. Forty-thousand people were left dead in the streets of Paris in the early 1800s during the French Revolution, while almost thirty-five thousand people a year perished in factories as an outcome of the Industrial Revolution. During the French Revolution, low-income civilians took to the streets causing uprisings as government-controlled prices were shifted to higher, less affordable prices. However, the revolution did have successes as it helped the nation get rid of its monarchy and created civil laws that benefited the middle and lower classes.
While America was still in the Gilded Age, the industrial boom of America happened right alongside. The years between 1865 and 1900 saw many monumental changes, including the exponential expansion of America’s railroad system. With government incentives of land and money, railroad companies worked hard and laid miles and miles of new track down on America’s land. Most notable of these track was the Transcontinental Railroad. With the government giving the Union Pacific Railroad and Central Pacific Railroad land and money grants, construction was finished with record speeds.
The pacific railroad act of 1862 finalized the construction of the first transcontinental railroad. This railroad alongside many others made transportation much more efficient and increased westward expansion. It allowed for the mass distribution of raw materials and manufactured goods to travel to Asia and Europe allowing the United States to establish a national market for goods and services. The railroad industries eventually became monopolies plagued with corruption and farmers became their victims who had to suffer the consequences. For example, favored shippers were offered rebates whereas small farmers would be forced to pay much higher rates to move their produce.
We live in a society that can sometimes be so reliant on products that we sometimes can’t imagine what life was like before machines. The first machines were created during a time called the Industrial Revolution which was a turning point in history. People were finally able to mass produce different products. Before this time, people had businesses that could be run at your home since you were making products by hand and you didn’t need much space. The Industrial Revolution introduced new machines that were sometimes massive in size and allowed production to move much faster and more efficiently.
In the 18th to 19th century in Europe, the agricultural revolution made farming more efficient which allowed more people to get fed with less labor, which led to a massive population growth. With a much bigger and healthier population and new technologies and resources to take part, new factories emerged ran by capitalists and entrepreneurs. This in turn called for new ways of organizing human labor to maximize the benefits and profits from the new machines. Thus, the Industrial Revolution began and this idea slowly spread throughout Europe and eventually to the United States.
After the Civil War, factories no longer had a reason to manufacture weapons. Instead they could focus on household products like textiles or building materials like steel. Such factories boomed and became more prosperous as their industries thrived. Also around this time, railroads that spanned across the country were being constructed, uniting the country more than ever and allowing the country to become a nation of wealth. These events and more brought about the Gilded Age, a time that would push America into the modern age of industrialization and plutocracy.
The Industrial Revolution needed Labor, Natural resources, Capital. The Industrial Revolution began in Britain because it had more labors and more crops and the natural resources of Industrial Revolution is iron and coal and waterways. The Industrial Revolution a lot of products were changing and they were made of machines. Although the economic effects of the Industrial Revolution were somewhat negative because of hard working conditions it was mostly positive because workers had more rights and they had more products.
The Industrial Revolution was a turning point for Western Europe. This revolution forever altered Western Europe and in turn Europe’s colonial subjects as well. The Revolution is responsible for the biggest successes and failures of Western Europe, as well as changing the technology, economics, politics, and society from what it was. The industrial revolution changed western Europe’s civilization in the terms of technology.
Hannah Burton Mrs. Massey World His Adv 29 March 2023 Effects of the Industrial Revolution There were many different outcomes from the Industrial Revolution around the world. The effects of the revolution impacted the world in both positive and negative ways. Some of the major positive effects of the Industrial Revolution were an increase and steady wages, which allowed things to be made quicker, cheaper, and more abundantly. Thus leading to the creation of more jobs.
he Industrial Revolution overall had a positive effect on happiness in the workplace, village space, and resources for workers. The first example that shows it was positive is that the children were happy and had never been beaten in work. According to the 3rd document it says “They seemed to always be cheerful and alert” this tells me that it was positive because the children never got beat and they were always happy and cheerful to be at work which could cause better work ethic. Another positive thing is that in the village they were given more places to stay and they were fed and clothed.
3. Despite the initial sentiment of economic historians, the railroad was not an integral part of American economic development after 1860. Even though the railroads were not crucial to economic growth does not negate the fact that the railroads were the first big business in the United States. The railroads benefited from economies of scale, increases in technology and pro-railroad legislation. The miles of track line increased exponentially from 30,000 miles of main line track in 1860 to 254,037 miles by 1916.
With the advent of the railroad, many of these issues disappeared. Railroads had a major impact on advancing the American economy, transforming America into a modern society, and improving an antiquated transportation system. The building of railroads created rapid economic growth in America. Railroad companies employed more than one million workers to build and maintain railroads. At the same time, coal, timber, and steel industries employed thousands of workers to provide the supplies necessary to build railroads (Chapter 12 Industrialization).
There was no stopping the forward progress of the railroads in the 1800s. Trains, even before the mid-century, went twenty miles per hour; that was twice as fast as the stagecoach and four times as fast as the canal boat. To the entrepreneur that meant one thing: profit. These profit-minded Americans wasted no time in laying down track in America. The Transcontinental Railroad was one of these important railroads contributing to trade and economy; it was connected by the Central and Union Pacific Railroads.