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History Of The Market Revolution

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The market revolution was an economic transformation and dramatic expansion of the marketplace in the United States. This roughly occurred in the early nineteenth century between 1815 and 1840. Through the construction of thousands of miles of roads and canals funded by state governments and private developers it enabled the people such as the farmers, manufacturers, and craftsmen to affordably transfer goods to distant, and more lucrative markets. In 1815, 8.4 million citizens inhabited North America; this was a fifty-eight percent increase from 1800. This striking population growth and the country’s expanding territory led the Republican Party to believe the federal government needed to play a larger role in regulating the nation’s

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