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The Industrial Revolution altered the U.S. economy and set the stage for the United States to dominate technological change and growth in the Second Industrial Revolution and the Gilded Age. [28] The Industrial Revolution also saw a decrease in labor shortages which had characterized the U.S. economy through its early years. [29]
Whigs welcomed most of the changes wrought by industrialization but advocated strong government policies that would guide growth and development within the country's existing boundaries; they feared (correctly) that expansion raised a contentious issue, the extension of slavery to the territories.
By the 1840s, the Industrial Revolution was transforming the Northeast, with a dense network of railroads, canals, textile mills, small industrial cities, and growing commercial centers, with hubs in Boston, New York City, and Philadelphia. Although manufacturing interests, especially in Pennsylvania, sought a high tariff, the actual tariff in ...
Chandler, Alfred. "Anthracite Coal and the Beginnings of the 'Industrial Revolution' in the United States", Business History Review 46 (1972): 141–181. in JSTOR; Churella, Albert J. (2013). The Pennsylvania Railroad: Volume I, Building an Empire, 1846–1917. Philadelphia: University of Pennsylvania Press. ISBN 978-0-8122-4348-2. OCLC 759594295.
The Homestead strike, also known as the Homestead steel strike, Homestead massacre, or Battle of Homestead, was an industrial lockout and strike that began on July 1, 1892, culminating in a battle in which strikers defeated private security agents on July 6, 1892. [5]
One of the real impetuses for the United States entering the Industrial Revolution was the passage of the Embargo Act of 1807, the War of 1812 (1812–15) and the Napoleonic Wars (1803–15) which cut off supplies of new and cheaper Industrial revolution products from Britain. The lack of access to these goods all provided a strong incentive to ...
"The labor problem" is the economics term widely used toward the turn of the 20th century with various applications. [1] It has been defined in many ways, such as "the problem of improving the conditions of employment of the wage-earning classes."
In the final decade of the 18th century, England was beginning to enter the rapid growth period of the Industrial Revolution, but the rest of the world was completely devoid of any type of large scale mechanized industry. Britain prohibited the export of textile machinery and designs and did not allow mechanics with such skills to emigrate.