This economy was very helpful to the rich but detrimental to the poor. The gap between these two classes was expanded immensely. It was almost as if the rich could control everything about their well-being; because if you were rich, you had power. During this era, the immigration increased after the Civil Wr. Cities like New York, Boston, and Chicago were overwhelmed with immigrants.
When steam power replaced water power, industries and factories arose, creating industrialized areas which attracted more and more people with the promise of paying jobs. While the increase in America’s urban population was great for the labor market, it also had an effect on the social reforms of the areas. The overcrowding of some areas led to outbreaks of contagious diseases such as cholera and typhoid. Medical personnel
The American Revolution created cultural and social evections which changed America for the better, making it a free country. As it altered social expectations, it led to demands that the vote be extended to a larger portion of the population and that public offices be elected by the people rather. During and after the revolution, smaller forms and artisan and laborers began increasingly to participate in state legislative elections. In Jacksons Turner Mains “Government by the People which appeared in Volume 23 of William and Mary Quarterly has clearly shown statistically that the government officials increased. The Revolution also created a government in which you no longer necessarily had to be born into a prodigious and wealthy family to make a
The early days of the Industrial revolution from 1800 to 1837 are a big change for America. It is principally a transformation in the economy due to the creations of new industries. Indeed, America shifts from an agrarian handcraft economy to a modern and technological one. However, even though the industrial changes brought economic advantages, it also brought stratification among Americans. In one side there is the working class fighting for his rights, and on the other side middle and upper class seeking their profits.
The Progressive Era was a time of reform as well as an industrial boom. New ideas and new ways of going about life, awakened people’s mind to the possibility of something better for them. The middle class started to grow, which boosted the national economy, because they were consuming more. In addition, monopolies started expanding their power over the national economy. A few groups became enormously wealthy and possessed great influence.
The US has become a major world power in the late 19th century because we have created so many things to become industrialized. Many people came into the cities because there were many jobs available so the city growth increasingly populated. Working conditions of these jobs where horrible. The populists seen this and tell the world about the small farmers problems. Carnegie seen that the rich becoming more rich will help the economy prosper and become better.
Technological innovation, or industrialization, came into effect during the late nineteenth century. Industrialization basically means producing goods with the use of machinery rather than bare hands. These labor-saving machines greatly affected the economy by boosting productivity immensely and making the lives of the workers much easier. Although it seemed like industrialization saved the economy, it actually created a lot of tension because people critiqued this new way of life. An straightforward example of advanced technology in the late nineteenth century was the invention of indoor lighting by Thomas Edison.
All of it because it makes an increase in the population of the country and in effect the economy of the country also increase by the reason that the factories improve. Also, people that do not accept the immigration only reflect a discriminated way of see the situation in which people only want one more opportunity to improve their life. Immigration has to be tolerated and promote the integration between
The benefits of our free-market capitalist system which, by the way, is the best economic system on the planet, by a mile are accruing disproportionately to owners, managers, and customers, at the expense of everyone else. If we actually want to put some effort into fixing our economy, we have to fix that. Specifically, we have to persuade companies and their owners to hire more employees and share more of their immense wealth and profits with them. Most importantly, companies don't need to do this just for altruistic reasons (though no one would object if they did). If enough companies do this, they will not just help their employees.
Since these people were crucial to the economy, people tended to agree with their opinions. American factories were “producing more than they can consume” so they wanted to sell their excess materials and set up trading posts all around the world (D #2). Since Americans already had the materials they needed, doing this could only help them. These economic forces played a big part in the start of imperialism and benefitted America.