jan 1, 1850 - Industrial expansion

Description:

Annual output of mills and factories reached more than 1$ billion, surpassing the value of agricultural products.

Rise of consumerism (especially in the textile and clothing industry).

Development of transportation and communication -> rise of railroad (32 miles of rails in the country in 1830 ans more than 9,000 by 1850) + canals and steamboats.

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