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The Developement of The American Economy

Create an essay of 500-750 words, describing the development of industry, business, and labor after the American Civil War. Address the following: 1.) Discuss several of the industries of America’s Industrial Revolution in the post-Civil War period. 2.) What made these leaders of industry successful? 3.)) Explain the origins and growth of labor unions. 4.) What did Labor Unions accomplish?

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History: The Development of the American Economy

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December 3rd 2015.

The Development of the American Economy

            The United States was chiefly an agricultural country before the end of civil war that started in 1861-1865 (Engelman, 2015). However, after the end of the civil war, the country begun a road towards reconstruction and transition from agricultural to industrial era. The industrial revolution had long begun in Great Britain in the 1700s, but United States would soon set precedence, witnessing a transition in its industrial sectors, rapid growth of businesses, developments of large-scale mechanized agriculture and labour market into becoming one of the leading economies by 1900s.

The Industries of America’s Industrial Revolution in the Post-Civil War Period

            In order to increase the capacity of its manufacturing sectors and open up the trade networks, the United States embarked on the construction of the railway lines in order to link the country to the ports in California (White, 2009). The Bessemer process was developed, which helped in replacing Iron with steel as the major building material. The development of the steel industry after the civil war saw the increase of the rail networks in the country to 193,000 miles by 1900.

Moreover, the steel was used in the manufacture of the harvesters and plows, which increased the agricultural efficiency and capacity. The agricultural industry became so efficient and profitable. During the same period, there were a number of technological innovations, such as the advent of steam and electricity, the invention of typewriter, adding machines and telephone. All these technological innovations increased efficiency in the agricultural and industrial sectors in the country.

Why the Leaders of Industry were Successful Majority of the farmers in the United States were laborers by 1860. However, the developments of improved agricultural machines, such as improved threshers, plows and reapers, reduced the workers by 40 percent by 1900 (White, 2009). The success in the agricultural industry in the United States could attributed to the fact that most of the farmers concentrated on improving efficiency of the agricultural machines rather than labor as was the case in Europe. The result was increased acreage and production with less investment in labor. However, the Europe was more concerned in the maintaining of fertility, which demanded more labor input and thus most of the investments were directed towards i……………….

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