The own survival. It’s the most commonly known

The new world revolves around money. The demand to fill our pockets aching for money gets us any necessity necessary for our own survival. It’s the most commonly known item, the one thing we need in the world we live in. America is now at the point where everyone works for, begs for, and strives for money. This demand for this item has become so desired that America has divided itself into two: the rich who have an abundance of wealth capable of buying almost anything and has facilitated the full extent of capitalism, or the poor who have very little to their name and thrive for the chance of wealth. But now America can realize that a changing economy has a negative effect on the rest of the country in all time periods.    If we look back at the very beginning of industrialization, in the late 1800s, after the civil war. At first, the U.S. Economy was based on agriculture, using the land for farming, and the raising of cattle but the predominant workforce was by slaves. Slavery was mainly down in the southern parts of America, but only wealthy Plantation owners could afford them. For the slave’s work was done by hand, this technique was hard but, it took a while for slaves use the technique,  but it made their days go slower. But now all these inventions like the Cotton Gin (invented by Eli Whitney) or the Reaper (invented by Cyrus McCormick) did increase the need for slaves but also began the introduction of industrialism. Slaves lives were now changing dramatically, the Cotton Gin increased the demand for slaves and their work. Their days were now faster, longer, and struggling more and however slaveholders were getting richer and richer. The economy and people were thriving. People suddenly began to realize the positive impact of machines, and everybody wanted them. Factories made production with much more efficiently, but it also took people’s jobs. But not all people who owned these factories were morally prevalent, people like Rockefeller or Carnegie took over certain aspects of the economy. Rockefeller took over the oil industry, rising prices to his benefit and Carnegie took over the railroads almost identically Rockefeller took over the oil industry. Machines and factories started taking over the economy very fast, an economy that was once worker based is now a machinery based. That’s a very big change to go through. Advertisement for items the Reaper were around in the late 1800s, improving the knowledge of machines like this and improving the demand for these machines as well (Whiteley, Fassler, Kelly). An economy that was once worker based, overhauling to a machinery had a negative because the machines did people’s job faster and more efficiently, forcing many people to lose their jobs.  New immigrants came from all over for many different reasons, but they all had the same desire: to live the American dream. To newly arriving immigrants, America was the dreamland but alls not what it seems to be. Immigrants were welcomed with segregation and judgment. Finding work was very hard because of something called nativism. Nativism is when the prosperity of America originators feel that they were the natives of the land. So as generations passed their great grandchildren’s children felt that because their grandparents were here first to discover this land that they should be given jobs over immigrants. This had an effect on the economy because most of the natives got jobs that allowed them to be above the poverty line without the inconsiderable thought of immigrants, however, immigrants were forced to get jobs that paid very little, keeping them in poverty. One well-known poem is “Originally, I had intended to come to America last year. Lack of money delayed me until early autumn. It was on the day the Weaver Maiden met the Cowherd That I took on President Lincoln. I ate wind and tested waves for twenty days…”(-Angel Island Poetry.) This affected the economy because the business owners that hired the low wage immigrants, were getting richer and richer and immigrants were getting more and more into poverty which has a bad effect on the country.     The Bessemer process was not only a new and inventive way of making iron into steel, but this process increased revenue meaning, in other words, increased the economy. This process increased the amount of iron produced from 33 million in 1870, to 250 million in 1900. “Before the introduction of the process, bridges, railroads, and buildings had to be made out of wrought iron due to the expensive cost of steel”( Jaidon) The most common use of steel was for the formation of railroads spanning across thousands of miles. Steel changed the nation, it made innovative construction possible. The most remarkable structure is the Brooklyn Bridge, crossing an astonishing  1,595 feet and was completed in 1883. This process affected the rest of the nation by increasing jobs and was most noticeable in construction. Poor or working-class families made more money, and some even made it out of poverty, but not enough could make it out.    As people moved westward, opportunities grew astronomically. Land in the west was good for farming. The east was full of machinery and factories while the west was farm based. Because of all this open land and the new farm’s production, a new question became prevalent: How do we transfer all this product? The answer is was simple, train tracks. Train tracks were the easiest and fastest way to transfer goods across the country. Thanks to Thanks to the Bessemer Process, the steel for making railroads was more accessible to get than ever. Now that there was a way to transfer all the goods people began to move farther  westward    An easy way to show that a changing economy is bad for the rest of the country is a great depression. The stock market crash did not cause the great depression, it was going to happen anyway though it did speed it up. As the economy expanded, large business allowed people to buy stock. In the beginning, the stock was too expensive for the average man to buy so many people bought in the margin or credit. Credit is when you take out a loan from the bank and slowly pay off the money you borrowed over time. As people continued to buy a stock they realized that their stock was worthless because they bought it on credit. “…When FDR took the oath of office, unemployment had risen from 8 to 15 million (roughly 1/3 of the non-farmer workforce) and the gross national product had decreased from $103.8 billion to $55.7 billion.”(The Great Depression) The depression was so bad that people lost their homes. People started calling their neighborhoods “Hoovervilles” after the president. Hunger greatly increased and because of these thousands of men lined up for soup kitchens and bread lines. Usually, men stood in bread lines and let their wives and children eat what they had so their wifes wouldn’t take the social criticism. Children’s healthcare and schooling were now nonexistent, and children had begun going back to work in factories. The only education that children got was on the street. Here children would learn about gangs and criminal activities that some would even take part in. Farms had to foreclosures because of a major drought called “the dust bowl”, They called it this because of all the dirt that the winds would pick up and fly around. The dust bowl was happening way before the stock market crashed. The great depression was by far the worst state that America has ever been in. The stock market crash clearly shows that a  changing economy negative effect on the rest of the country.    In conclusion, many of the reasons I listed and explained show clear reasonings to why a changing economy has a negative impact on the rest of the country.


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