The Development of the American Economy.docx - 1 Raquel...

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Raquel MarinHIS-14403/30/2019Instructor Kyle HeddenThe Development of the American EconomyAfter the Civil War came the Industrial Revolution to America. During this era, manyindustries were born, and the future of this country changed forever. This phenomenon,signifying a change from agrarian to industrial economy increased the overall production, andthe economy in the United States grew considerably. Many of the industries that still stand todaycame to be during this revolution and still contribute to our nation’s economy. Also, with thisuprising came many conflicts such as the creation of monopolies, government intervention andstrikes. Undoubtedly, this revolution changed the course of our country’s economy.Many trades were born during the Industrial Revolution. Some of the most importantwere railroads, steel production, petroleum and technology. All of these industries contributedsignificantly in expanding American economy. Railroads became a powerful resource in

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Term
Fall
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Tags
Economic Development, Industrial Revolution, Civil War, John D Rockefeller, Kyle Hedden

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