Toward a Market Economy

Toward a Market Economy - Toward a Market Economy .Millions...

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Toward a Market Economy Several factors played a role in the development of the market economy in the United States. Millions  of acres of land belonging to Native Americans in the Old Northwest and Southeast were taken over  by the federal government. Federal land policy, though often benefiting speculators more than  individual homesteaders, certainly encouraged settlement. American agriculture experienced an  unprecedented boom from the introduction of new staple crops, such as cotton, and productivity  advancements in farm equipment. Although the United States remained overwhelmingly rural, the  country experienced significant urban growth between 1815 and 1860. Removal of Native Americans.   The economic growth of the United States was achieved to a great degree at the expense of Native  Americans. Despite giving up tens of thousands of acres through treaties, the tribes found the 
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