Order from us for quality, customized work in due time of your choice.
How the world has operated has changed several times over the past centuries: among the notable changes was the Industrial Revolution. The American Industrial Revolution commenced after the first advances of industrialization had already occurred in Europe. It had a significant impact on the market and labor systems, changing the nations future.
The process of Americas industrialization has occurred due to several factors. First of all, the American nation has been historically intimately tied with Great Britain, which, as Stearns suggests, fostered the process of progress reproduction (63). The Revolution was upheld by the growing domestic market of weapon manufacture and railroads during and after the Civil War (Stearns 63). The expanded breadth of heavy industries required a massive influx of labor and capital from Europe and Asia (Mohajan 5). Therefore, the rise of large businesses that relied heavily on technology and streamlined processes commenced the industrial Revolution.
Moreover, the American Industrial Revolution played a significant role in forming the market. Growing operations and labor involvement scale provided an opportunity for the investment banks to get involved (Mohajan 14). By the 1870s, several American corporations began to participate in the international market (Mohajan 4). The richness of resources that the US possessed was coupled with its heavy reliance on foreign funding, which promoted the rise of the Market Revolution in the 1820-the 1830s (Stearns 66). Thus, the market has been redefined by the industrialization processes.
The shift that the US made from the artisan production to industrial manufacturing also impacted the perception of labor. One of the most characteristic features of the two revolutions was that they brought large groups of people together to streamline the manufacturing process (Stearns 8). Moreover, the organizational facet of production required tasks subdivision and allocation to specialists to further increase productivity (Stearns 9). The workplace culture leaned toward faster, more coordinated, and skilled labor and redefined the labor system requirements (Stearns). As a result, slave labor, which was relatively unspecialized and low-qualified, eventually faded out during the Industrial Revolution.
In conclusion, industrial expansion ultimately allowed the United States to revolutionize its market and enter the international scene. The US had abundant natural resources, which the nation uses to support its growing interest in scientific and technological advances. Hence, a new US economy has emerged through the profit made by manufacturing, railroad, and other companies. As a result of new systems, slavery became replaced with the need for qualified specialists.
Works Cited
Mohajan, Haradhan. The Second Industrial Revolution Has Brought Modern Social and Economic Developments. Journal of Social Sciences and Humanities, vol. 6, no. 1, 2020, pp. 114.
Stearns, Peter N. The Industrial Revolution in World History. 5th ed., Routledge, 2021.
Order from us for quality, customized work in due time of your choice.