StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

American Economic History since the Civil War - Essay Example

Cite this document
Summary
In American history, the civil war was a major economic history turning point. The social war created new aspects in terms of the power of government. In addition, the war created a lot of changes in the economic sector of the states and changes in the constitution. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.9% of users find it useful
American Economic History since the Civil War
Read Text Preview

Extract of sample "American Economic History since the Civil War"

American Economic History since the Civil War In American history, the civil war was a major economic history turning point. The social war created new aspects in terms of the power of government. In addition, the war created a lot of changes in the economic sector of the states and changes in the constitution. Thus, the war had impacts in the industrial sector, financial and the economic history of the state. In history, the civil war destructed and disrupted the society, which was a drive towards the industrialization in the United States.

According to Ellinoff, the south had disputes that erupted which later destabilized their economy. The slaves in the south in 1805, contributed profoundly to the labor in the agricultural sector. This boosted the cotton industries as the cost on labor largely reduced and in the end improved the profits in the cotton sector. In the south slaves became an asset and due to their improved value. In addition, the economic factor that drove to the growth of the economy of the US was the land policy.

The government distributed land to the slaves and other labor farms. Further, more the opening of the Erie Canal in 1823 improved the link between the Northwest and the North government. At that time, the completion of the railway line improved the transportation of goods between the South and the North the US government also improved the tariffs as the Southerners fought for the imposing duty on the imported goods. This regulated the exports and imports in the country. The banking became another political issue that improved the economy of the States (Elinoff).

In the north, there were more urban markets as compared to the south. In conclusion, the US history has directly affected the value of the economic changes. First, there is the US policy on land ownership that redistributed the land for the slave owners. The American history on development of their transport sector, slave trade, and introduction of banks in the state favored the tremendous growth of US economically. Works Cited. Ellinoff, Jonathan. 33 conspiracies that turned out to be true, what every person should know… (Updated, revised, and extended).

The new world order report. Friday, September, 2011. Web. Thursday, November 03 2011.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“American Economic History since the Civil War Essay”, n.d.)
Retrieved from https://studentshare.org/history/1583279-american-economic-history-since-the-civil-war
(American Economic History since the Civil War Essay)
https://studentshare.org/history/1583279-american-economic-history-since-the-civil-war.
“American Economic History since the Civil War Essay”, n.d. https://studentshare.org/history/1583279-american-economic-history-since-the-civil-war.
  • Cited: 0 times

CHECK THESE SAMPLES OF American Economic History since the Civil War

The Metamorphosis of Human Society

From the time of Reconstruction after the civil war until the present, what progress have we made in the United States in terms of ALL three of our course themes?... As a matter of fact, the civil war has genuinely reconstructed the society and it has become liberal to the Afro-Asian people particularly in the modern society.... American civil war: The Reformation From the time of American civil war, the country has reformed itself to a great extent although it has moved away from its roots or the way in which the philosophers have tried to describe the society of each state....
6 Pages (1500 words) Essay

Domestic Policies of the New Deal 1933-1939 in the USA

Ever since the New Deal was introduced by the government, a congressional coalition of Republicans as well as many of the Conservative Democrats took an active part in a battle against the Roosevelt government in relation to the domestic policy and were rather successful.... A) American Women: American women served in the Second World war in all the departments like the Army, Navy, Air force and even the Coast Guard.... More than 200 army nurses lost their lives in World war II....
5 Pages (1250 words) Essay

History of the American Civil War

the civil war, on many occasions, is still the sole determining factor of social status and prestige of individuals.... "History of the American civil war" paper states that the American civil war was not only a giant clash between the troops of the Northern and Southern parts of the nation but it also exhibited the problems of racism and discrimination in the society.... At that point of time, Congress was the sole federal governmental institution in the United States of America and the final draft of the Articles empowered Congress with various political capacities, including negotiation of diplomatic treaties, the capacity of declaring war, and power to solve various issues related to the Western Territories....
8 Pages (2000 words) Essay

History of African Americans

History of African AmericansQuestion 1 Jim Crow- What does this term mean and how did it affect the Southern Society, especially pertaining to African Americans after the civil war till present day?... It was basically a racial caste system followed in southern states after American civil war, till mid of 1960s.... Martin Luther King, Rosa Parks and Malcolm X, identify and describe an African American who helped shape and push for civil liberties for the African American community before 1980 ?...
2 Pages (500 words) Research Paper

Not Just A War On Slavery: Discussing The American Civil War

Abraham Lincoln's Gettysburg address, in many ways, personifies the Civil the War, the end of slavery, and is often the only elements of the civil war that the average American is familiar with.... An author of the present research paper "Not Just A War On Slavery: Discussing The American civil war" seeks to reveal the background of the Americal civil war with further discussion regarding the historical aspects of influence related to these events....
7 Pages (1750 words) Research Paper

The Economic Development of the United States

The modern american economic root can be traced in 16th, 17th and 18th centuries.... american economic development has evolved through different historical periods.... All those periods have laid strong base for modern world's economic super power.... At this point of time the country faces great economic expansion as number of population increased and lots of foreign people in fluxed in to the country.... It was a very important phase for economic development in America....
5 Pages (1250 words) Essay

Any historic event before 1877

the civil war lasted for the period between 1861 and 1865.... These disparities gave rise to the civil war as the North was for the idea that civil human rights should be spread to everybody and not the majority only, as the South practiced.... The end of the war marked a novel initiative of national unity restoration and guarantying the civil rights of the freed slaves.... The advent of the cotton gin by Eli Whitney, in 1793, made the production of cotton a very profitable business since the machine significantly reduced the time taken to separate the cotton form the seeds....
4 Pages (1000 words) Research Proposal

The economies of northern and southern states and the US Civil War

The era during the civil war worked in favor of the Northern states of the US.... The difference between the Northern and Southern states of America was major and one of the reasons behind the economic theory that was contributed soon after the civil war era.... Many laws were created right after the civil war as it had put both positive and negative impact on the economy of United States, in general.... In general, it can be said that the economic condition of both northern and western states during the civil war was better in many ways....
8 Pages (2000 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us