Change and Continuity - The Market Revolution
At the turn of the 19th century, a typical American paid for products through trader or bartering instead of currency. Also, a typical American lived on a small farm and produced most of what they needed to live by themselves. Most industry was done in a cottage industry or putting out industry, in which manufactured goods were made in small shops or homes. Fast forward to the middle of the century, where the country was linked with transportation and economic links. Factories produced manufactured goods for the greater population instead of individual necessity, and the economy of the US grew considerably. No one person was responsible for this change. Instead, the market revolution occurred as a result of sweeping economic, cultural, and political changes that took place between the American Revolution and the Civil War and affects how we live today.