HST 201 CT Module 5.doc - Running Head GROWTH OF THE AMERICAN ECONOMY Growth of the American Economy Cory Phillips HST 201 U.S History I Colorado State

HST 201 CT Module 5.doc - Running Head GROWTH OF THE...

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Running Head: GROWTH OF THE AMERICAN ECONOMY1Growth of the American EconomyCory PhillipsHST 201 – U.S. History IColorado State University – Global CampusBruce IngramApril 16, 2017
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GROWTH OF THE AMERICAN ECONOMY2GROWTH OF THE AMERICAN ECONOMYThe economy in the United States had significant growth between 1790 and 1860. The leaders during that time had differing views on how to achieve a strong and sustainable economy.The initiatives driven by Alexander Hamilton and men with free enterprise helped to push the economy into the right direction. The expansion and exploration of the vast new lands to the westcreated many new opportunities for agriculture and the rise of new cities and towns raised the demand for the agricultural product being produced by these new opportunities. With these new opportunities came new forms of transportation to move the goods from where they were grown to the new cities and towns and beyond. We will discuss this rise in agriculture as a profitable business and how the creation of new modes of transportation allowed to economic growth for the United States. TransportationThe development of a road and railway system was very beneficial for the growth of the United States. By 1821, some four thousand miles of roadways had been completed connecting the east to the west and the north to the south and everything in between (Tindall & Shi, 2012). The preferred method of transportation for high valued items in the early 19thCenturywas by wagon for trips of up to 100 miles. The development of a road system made it easier for
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