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How did the market revolution change the United States?

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coolmaster | Student, Undergraduate | eNoter

Posted October 21, 2011 at 2:11 AM via web

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How did the market revolution change the United States?

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samjazael123 | Student, College Freshman | Salutatorian

Posted October 21, 2011 at 2:23 AM (Answer #1)

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The market revolution happened after World War II and in fact wasn't entirely a market revolution it did make our economy #1 in the world at that time. Most of it was to make better products than other nation. Cars was a important export during this time, also was goods like food, utilities, highways(our infrastructure), crops/plants, and power plants etc. I think it was more a competition like during the cold war we wanted to have the best at making planes, weaponry, space shuttles, and even make a more better strategies in battle. In fact much of this was about who was the better country. Today we are in a market revolution that none of us can actually explain except where in a trades war with some of the most well to do nation, like china, india, africa, russia, korea and Japan. It is all about power of the economy as a man who has been studying the conomy for quite some time it is gonna lead to possibly americas downfall because some part of my area of toledo, ohio are very sad almost like a third world country. I would say I like this question...... 

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pohnpei397 | College Teacher | (Level 3) Distinguished Educator

Posted October 21, 2011 at 2:33 AM (Answer #2)

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The term "market revolution" refers to a period, primarily in the early 1800s, in which the US economy changed from one in which most people produced or bartered for everything they used.  The economy changed from that sort of system to one in which people made things mainly to sell and used the money from those sales to buy other things they needed.

This revolution changed America immensely and in many ways.  First, it made average Americans much more prosperous.  It allowed them to buy goods that they had never been able to have before.  Second, it changed ways of life completely.  It created a system in which people were working not just for themselves, but generally for other people.  It broke down old ways of life in which people in a community traded with one another and generally lived a very communal life.  In its place was a more individualistic system where people were less connected to one another.  Third, these changes led to new ideas.  They led to the idea that society would not always stay the same and that society could be made more perfect through human efforts.  This idea led to reform movements such as the movements for abolition, for temperance, for better education, and for women's rights.

These are some of the very profound impacts of the market revolution.

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samjazael123 | Student, College Freshman | Salutatorian

Posted October 21, 2011 at 4:09 AM (Answer #3)

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I thought that was the industrialization? well i'll do some more research.........

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