Essay about What Factors Affect Our Economic History Helped Make It Possible?

Essay about What Factors Affect Our Economic History Helped Make It Possible?

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What factors in our economic history helped make it possible; According to the financial past of the United States is mostly about the features of key developments in the United States economy from the past to current. Therefore the stress remains on economic meaning the more positive results the better, plus how affected by technologies, which adjusted the size of economic areas as the effects of laws and government policy. Economy was started from farming. During the 19th century, Americans lived on farms that owned largest amount of acres where they produced crops.
The South whose economy was based of the cash Crops such as cotton, rice, tobacco; however they were still the poorest section of the country. Southern developed very differently in the other regions of the nation. Crops started a standard economy, meaning it is an enough income during that time. Labor was being handled by slaves, who were brought over by chains from Africa as known. By the 1860s, five hundred acres were in the south and the plantation owners raised commercial crop such as cotton, rice, tobacco, and sugar while smaller farmers, which were much less dependent on slave labor wider variety of crops. In addition a conflict started with Abraham Lincoln that led to the civil war. The more jobs that opened up helped build the economy. The Civil War increased the number of people left the farms of the North to take jobs in the manufacturing. The Civil War helped with the economy because it had opened a various amount of jobs in manufacturing. When the Civil War ended the government land policy increased mechanization expands farm output. The nation 's three basic cash crops were corn, wheat, and cotton, which rose faster than the nation’s population ...


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...1929, Which begun the great depression. Times got so bad that they called it the dust bowl. For years the Great Depression was in effect and everything was just so bad, however by the mid 1930s business inventories hit rock bottom, prices stopped decreasing and a replacement of plants and equipment was needed. Things changed once Franklin D. Roosevelt was elected. He reopened banks ran large budget deficits, and eventually created government job programs that millions of Americans back to work. This was part of Franklin D. Roosevelt new deal he promised. The new deal was a successful program. Years later the Great depression plugged right back in again. The government spending was causing it and Roosevelt reduced the government spending. Which brought us two World War II and that opened up jobs in factors and plant’s, warships, building planes, tanks and so forth.

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Essay on What Factors Affect Our Economic History Helped Our Economy

- What factors in our economic history helped our economy become possible; According to the financial past of the United States is mostly about the features of key developments in the United States economy from the past to current. Therefore the stress remains on economic meaning the more positive results the better, plus how affected by technologies, which adjusted the size of economic areas as the effects of laws and government policy. Economy was started from farming. During the 19th century, Americans lived on farms that owned largest amount of acres where they produced crops....   [tags: Great Depression, World War II, Capitalism]

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