Market Revolution (1 Jan 1820 Jahr – 1 Jan 1830 Jahr)

Beschreibung:

Cause:
- Technological advancements
- growing demand and employment in factory jobs
- increased urban migration
- agricultural shift away from subsistence farming towards commercial farming

Effect:
- explosive economic growth
- depressions (panics)
- growing lower class of poverty-less workers
- Americans labored for low wages
- trapped in endless cycles of poverty

Zugefügt zum Band der Zeit:

Datum:

YouTube: