What is the market system Apush?
Terms in this set (24) market revolution. a period in antebellum America that encompassed the industrial and transportation revolutions, the change from subsistence farming to large-scale cash farming, regional specialization, immigration, western-movement, and growth of cities.
What was the market revolution Apush?
The Market Revolution was a fundamental transformation of the United States economy throughout the first half of the 19thcentury, primarily due to the widespread mechanization of industry and the expansion and integration of various economic markets both domestic and foreign.
What are the 3 major effects of the market revolution?
What are the 3 major effects of the Market Revolution? Rapid improvements in transportation and communication; the production of goods for a cash market; and the use of inventions and innovations to produce goods for a mass market.
What period is Market Revolution Apush?
What is the Market Revolution? Expansion of the marketplace in the 1800s throughout early america that brought distance communities together and created a national, specialized, and interdependent economy.
What were the main elements of the market revolution?
What were the three primary causes of the Market revolution? Rapid improvements in transportation and communication; the production of goods for a cash market; and the use of inventions and innovations to produce goods for a mass market.
Was the market revolution a turning point?
The Market Revolution is a clear turning point in the history of America. This can be seen through vast changes in communication, where goods would be produced, and gender roles. The Market Revolution would mark a turning point in communication technology.
What did the market revolution do?
The market revolution sparked explosive economic growth and new personal wealth, but it also created a growing lower class of property-less workers and a series of devastating depressions, called “panics.” Many Americans labored for low wages and became trapped in endless cycles of poverty.
What was the market revolution and its impact on America?
What is meant by the market revolution?
The Market Revolution in 19th century United States is a historical model which argues that there was a drastic change of the economy that disoriented and coordinated all aspects of the market economy in line with both nations and the world.
What was the purpose of the market revolution?
The Market Revolution (1793–1909) in the United States was a drastic change in the manual-labor system originating in the South (and soon moving to the North) and later spreading to the entire world. Traditional commerce was made obsolete by improvements in transportation, communication, and industry.
How did the market revolution impact the United States?
How did the market revolution transform the nation?
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