The Market Revolution Was One Of The Most Important Changes Essay examples

The Market Revolution Was One Of The Most Important Changes Essay examples

Length: 1061 words (3 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

The Market Revolution was one of the most important changes of American society before 1850. It was the adoption of a nation wide commercial change that would later alter all the different societies within the country. Wilentz described this period as the development of a market based economy and the dramatic changes in America’s behavior during the first half of the nineteenth century. Collectively, Sean Wilentz wrote about how historians argued about the topic of the market revolution and how each part of the country was affected by this time period and the changes that resulted.
Wilentz’s focus is primarily on the development of the northeast. The northeast grew economically at such an alarming rate because of the millions of poor immigrants migrating from Ireland and other parts of Europe. Many historians argue about what was the main focus of economic change in the northeast. One of the points described, the rapid industrialization of the northeastern economy, was due to the immense growth of capitalistic trade that was occurring. Between 1815 and 1850, America constructed elaborate nationwide networks of roads, canals and railroad lines to equitably distribute more land westward. Although a majority of the northeast population still managed to stay in rural areas and work in agriculture, there still was a rapid movement of commercialization. With demand for work on the rise, capitalists worked rapidly to ensure that they kept up with economic growth that was before them, early efforts included the textile mills in New England. This rise in capitalism brought higher quality goods, and the output of raw materials at lower prices, but left thousands of poor underclass workers dependant of the low income based work ...


... middle of paper ...


...m of investment guarantees that the south will remain an economic backwater. Genovese closes by pointing out that the connection between the south as a region and the slaveholders as a class did not share a liberalism and individualism such as the northern states showed.
The time period of the market revolution was known to have potentially heightened troublesome social conflicts throughout different parts of the states. Individuals of the lower social classes faced many hardships in the changing economic society that was unfolding. Historians have come to the conclusion that Americans experienced enormous structural changes that confronted them yet each class acted upon there struggle in a different way. The market revolution, therefore, changed more than just where people sold their goods; it transformed the approach and the goals people applied to their work.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Technical Analysis : International Financial Market Essay

- Having a well crafted binary options trading strategy is an asset for traders. It will help them to overcome any unexpected events on the financial market. The sector of binary options is very volatile hence it is difficult to have a unique strategy that will fit in all situations. However the trader can follow certain rules that will guide him throughout his trading journey and that may help to maximize his returns. Monitoring the Financial Market Monitoring the financial market is one of the most important strategies each trader should adopt while speaking of trading online....   [tags: Stock market, Finance, Investment, Economics]

Better Essays
828 words (2.4 pages)

Essay on Playing the Stock Market Game

- There are many different ways to save money and there are different things to save for. A savings plan for an immediate want is apparently different than a savings strategy for retirement. One may choose to select stocks, bonds, or mutual funds for a savings strategy, however, my personal choice is to invest in bonds first, then mutual funds. My savings strategy selection process for an immediate want includes taking a portion of my income and storing it in a money market bank account to cover the expenses, since the interest rate changes daily for money market accounts....   [tags: stock market, ]

Better Essays
670 words (1.9 pages)

The Stock Market Essay examples

- The economic conditions were not that favourable during the financial crisis in 1997. Instability in the international financial markets in turn spilled over into the domestic financial markets. Continued waves of adjustment in both the currency and stock markets, coupled with the decline in domestic and export demand subsequently prompted a shift to more growth promoting policies. One of the institutions that affected was Malaysian stock market. In general, Malaysia stock market contributes to the best allocation of capital resources among numerous users....   [tags: Economy, Malaysia, Capital Market]

Better Essays
2023 words (5.8 pages)

Market Research : An Process Of Gathering, Interpreting And Evaluating Information About A Particular Market

- I would define market research as the process of gathering, interpreting and evaluating information about a particular market. It consists of information such as characteristics of the market, spending habits, location, and needs of the business in the market order for it to be successful. Looking at who will be your competitors is also a vital consideration. Other definitions are, “market research is the process of assessing the viability of a new good or service through research conducted directly with the consumer which allows a company to discover the target market and record opinions and other input from consumers regarding interest in the product”....   [tags: Marketing, Market research, Secondary market]

Better Essays
932 words (2.7 pages)

Market Analysis : Securities Markets Essay

- Securities markets in Mexico are orderly and relatively innovative; however, corporate markets lag behind those in comparator countries. The government bond market accounts for the bulk of the fixed-income segment, and is well developed and active. The creation of an international segment (Sistema Internacional de Cotizaciones- SIC) in the Mexican stock exchange (BMV) has increased trading and provided access for domestic investors to international assets. However, there are relatively few listed equities in the BMV- compared to Chile or Korea- and the number of initial public offerings (IPOs) in recent years has been quite small....   [tags: Stock exchange, Stock market, Investment]

Better Essays
1330 words (3.8 pages)

Marketing Pl Target Market Essay

- SECTION 3: TARGET MARKET: A full description of the current market segment(s) and identification of an existing or new target market to be the focus for the remainder of the strategic marketing plan, including a discussion of why this target market represents a growth opportunity for the company. Description of target market must be extensive and based on the criteria for segmenting consumer markets as outlined by Kotler. Also discuss the positioning strategy to be used for this chosen target market....   [tags: Marketing, Target market, Demographics]

Better Essays
859 words (2.5 pages)

Global Market Research Essays

- Global Market Research Case Study Analysis Conducting research in the global market requires organizations to consider many different factors that may not exist ordinarily. This paper will provide a detailed case study analysis of an organization known as Sperry/MacLennan Architects and Planners, and its decision to export services to the United States. The following paragraphs will: give an overview of the current situation, identify key issues of the organization, discuss possible ways the issues can be addressed, and explain the value of market research in the global community....   [tags: Market Research ]

Better Essays
1044 words (3 pages)

Global Market Research Essay

- More and more small businesses are trying to expand their customer base, and sales, through international trade. These small companies have learned that to stay competitive and to expand their companies, they must compete on a global level. The global market provides several benefits including increased sales, job creation, and protecting the effect of declines in the domestic economy. In this case Sperry/MacLennan, a Canadian architectural firm, have been highly successful in their local regional market but is discovering that in order to stay competitive in their field; they need to tap into the global market....   [tags: Market Research ]

Better Essays
1097 words (3.1 pages)

The Asian Market Essay example

- Nowadays, emerging markets are becoming more and more attractive for multinational companies. Particularly the Asian market, headed by China, represents an enormous potential. Asians consumers are motivated by a complex range of cultural factors and are becoming more interested in pursuing brands to experience their reputation, to stand out from the crowd or to create new trends of a modern high-class lifestyle in purchasing items of established, mostly western brands. Especially the uprising group of young urban professionals, the so-called Yuppies, is eager to spend big amounts of their comparatively high income on upscale brands....   [tags: Business International China Market]

Free Essays
1284 words (3.7 pages)

Market Research and Target Market Essay

- Market Research and Target Market I need to write an introduction explaining the type of business/ organisation my client has set up, the business problems they are facing and the business aims and objective. I shall hold a meeting with my client Discuss with client My client may not be willing to discuss the marketing plan. I will explain the objectives of the marketing campaign and how this will help the business achieve its aims. I will use the Internet and textbooks. 20 20 research I will identify the target market and explain to the client....   [tags: Papers]

Free Essays
2090 words (6 pages)