forces. The Erie Canal captured the bulk of the trade emerging from the Great Lakes region, securing New York Citys position as the nations largest and most economically important city. By 1844, one British traveler declared that the prosperity of America, her railroads, canals, steam navigation, and banks, are the fruit of English capital. In the South, the Market Revolution, particularly in the deep South, was characterized by the expansion of cotton agriculture, famously facilitated by the invention of the cotton gin. In response to this need, the Boston School Committee created the English High School (as opposed to the Latin School) that could give a child an education that shall fit him for active life, and shall serve as a foundation for eminence in his profession.
How Did the Market Revolution Change America - Reference
HRM and Organizational Effectiveness
Media Effects On Politics
How Marketing Has Affected My Life
Second Industrial Revolution
Government supports continued throughout the century, but decades later the public origins of railroads were all but forgotten, and the railroad corporation became the most visible embodiment of corporate capitalism. German immigrants tended to travel as families and carried with them skills and capital that enabled them to enter middle-class trades. Railroad development was slower in the South, but there a combination of rail lines and navigable rivers meant that few cotton planters struggled to transport their products to textile mills in the Northeast and in England. These men of influence shared many of the same beliefs concerning liberty, property, and a social contract between government and the people. Joseph Locke and Ben Wright (Stanford, CA: Stanford University Press, 2018). Meanwhile, the cash economy eclipsed the old, local, informal systems of barter and trade. For no other object than to enable the rich to take care of themselves while the poor must work or starve.