evaluate the extent to which the market revolution led to an interconnected national economy in the period from 1800 to 1848​

Answer :

Answer:

The market revolution was the great economic shift that ocurred in the United States during the first half of the nineteenth century. During this market revolution, the economy shifted from a focus on regional markets, to a focus on the national market.

The market revolution was aided by increases in industrial output in the North, and agricultural output in the South. It was also helped by the development of railroads during this period.

The economy boomed in both areas, but only the North attracted large scale migration, because the economy of the South was based on enslaved labor.

The market revolution led to an interconnected national economy in the period from 1800 to 1848​.

  • The market revolution in 1800 changed American history with its interconnected economy.
  • Factories and industries were beginning to establish in America for mass production.
  • The Market Revolution caused an economic boom because of westward expansion.
  • Railways also played a significant role in transporting goods from one place to another.
  • The rural population began to shift to the urban region like cities and towns.

Therefore we can conclude that the market revolution led to an interconnected national economy.​

Learn more about " market revolution" here:

brainly.com/question/8679631          

Other Questions