HSTCT5OPT1.docx - Running head UNITING THE NATION ECONOMIC GROWTH1 Uniting the Nation Economic Growth Chey Burrows HST 201 \u2013 U.S History I Colorado
HSTCT5OPT1.docx - Running head UNITING THE NATION ECONOMIC...
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Running head: UNITING THE NATION: ECONOMIC GROWTH1Uniting the Nation: Economic GrowthChey BurrowsHST 201 – U.S. History IColorado State University – Global CampusDr. Lise NamikasJanuary 22, 2019
UNITING THE NATION: ECONOMIC GROWTH 2Uniting the Nation: Economic GrowthThe dramatic movements in economic growth in American began in the early 19thcenturybecause of several different factors. One, after the War of 1812, the British were no longer interfering with American shipping which opened a new door for more markets and new industries [Shi]. Another factor that fed into economic growth was the change in energy and optimism after the war and the efforts of people willing to take more risks. People were opening mills, thinking of strategies to increase productivity, and venturing into new opportunities; all of which led to the significant changes in transportation, communication, and agricultural production.Changes in TransportationA transformation in the American economy began before the war of independence and continued after. The economy transformed from a standard household economy to a modern market economy which gave Americans opportunities for economic gain and movement. With the change of economy to a modern market economy, a need for a national transportation system was in order. Better roads, waterways, railroads, and ocean transportation were the top of the priority list to create a revolutionized transportation system. Before the beginning of the 19thcentury, traveling in America was slow, uncomfortable, and expensive [Shi]. As settlers began to move west, better roads became more of a focus. In 1795, the Wilderness Road was opened to
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Winter '16
Economics, Mode of transport, Transport network, agricultural production