4. Historians have debated whether or not a “Market Revolution” took place in th

Question

4. Historians have debated whether or not a “Market Revolution” took place in the United States during the first half of the nineteenth century. Was the Market Revolution simply a “transportation and communication revolution,” or is there evidence that it was part of a broader process of economic and social change? Describe at least one major development or phenomenon associated with the Market Revolution (it could be an invention or innovation, political development, or evidence of social and economic change) to make your case. Lastly, how did the changes associated with the Market Revolution affect the lives of groups like urban workers, farmers, immigrants, women, and enslaved people? (choose one group and explain fully)

Explanation / Answer

Market revolution says the shift from local regional market to national market

The market revolution was a series of gradual transformation that began the process where the majority of american no lived in countryside and worked as small yeoman farmer.

The market economy was begin to replace the moral economy which was characterised by doing business with familiar people

It makes life better for high class people whereas the people in low gets more affected because there jobs will be lost. The slavery system was enhanced in some part because people now want cheap labour.

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