The Transformation Of The American Economy 1815-1848

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The Transformation of the American Economy, 1815-1848
The transformation of the American Economy began in the 19th century, with the United States experiencing extraordinary economic growth and change. The economies of the Northern and Southern regions of the United States evolved along different paths. The Northern region developed a free labor economy that was marked by industrialization, urbanization, and immigration. The Southern region experienced some industrialization and urbanization, but most of its expansion focused on raising cash crops with slave labor.
In the United States, a majority of the population, in the 1815, engaged in agriculture.
The largest portion of the population were family farmers.
The family farmers lived lives
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