HIS 215

What were the negative aspects of the new market economy? What were the positive aspects of the new market economy? How did the creation of a single market economy shape American values and the economy of today?

This is what I have so far.

The negative aspects of the new market economy were that the stability of prices were constantly going up and going down just as quickly. Another negative aspect was that it took some of the sellers a long time to get to their destination and it also took them through dangerous courses.

Some of the positive aspects were that a faster and more efficient way of transportation was implemented. Roads and canals were opening making it easier and much faster to travel.

.... ok what I can't find is more positive aspects and, How did the creation of a single market economy shape American values and the economy of today?

Maybe some suggestions??

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  1. Sorry that is HIS 115. Sticky keyboard.

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    posted by Jessica
  2. Which time period does your "new market economy" encompass?

    Your reference to roads and canals implies it's the early 1800s. Right?

    Please post a confirmation about this time period. Then I'll try to help you further.

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    posted by Ms. Sue
  3. Yes it is, during the time after the War of 1812.

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    posted by Jessica
  4. Another positive is the population growth which increased sales. With a large country composed of many states, the U.S. citizens felt unified. The Constitution guaranteed equal treatment for all and free trade between the states.

    Perhaps this site will help.

    http://en.wikipedia.org/wiki/Single_market

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    posted by Ms. Sue
  5. How does this sound??

    The negative aspects of the new market economy were that the stability of prices were constantly going up and going down just as quickly. Another negative aspect was that it took some of the sellers a long time to get to their destination and it also took them through dangerous courses.

    Some of the positive aspects were that a faster and more efficient way of transportation was implemented. Roads and canals were opening making it easier and much faster to travel. Another positive is the population growth which increased sales. With a large country composed of many states, the U.S. citizens felt unified. The Constitution guaranteed equal treatment for all and free trade between the states.

    The creation of a single market in America laid the track for a nationwide rail network that enabled citizens to travel farther and faster than ever before. It built the factories that provided vital building materials for the growing cities. It amassed the capital that underwrote new projects in national transportation, production, and distribution networks. It fostered an economic system that prized ingenuity and efficiency.

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    posted by Jessica
  6. Looks good! :-)

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    posted by Ms. Sue
  7. Thank you Ms. Sue, as always you are sooooo helpful. I am gonna start writing my last name so that you can remember me. Jessica is such a common name.

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    posted by Jessica
  8. Oh! My last name is Fuentes.

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    posted by Jessica

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