Market Revolution (1 jan 1820 ano – 1 jan 1830 ano)
Descrição:
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
Adicionado na linha do tempo:
Data:
1 jan 1820 ano
1 jan 1830 ano
~ 10 years
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