oct 28, 1793 - Start of Market Revolution
Description:
The invention and adaptation of the cotton gin marked the United States’ transition into a period known as the Market Revolution. The Market Revolution categorized the shift from an agrarian/trade economy, to an economy that was run through a national marketplace. It consisted of three main parts: transportation, commercialized farming, and industrialization. Ultimately, it laid the framework for the Industrial Revolution and the economic future of America.Added to timeline:
Date:
oct 28, 1793
Now
~ 232 years ago