Summary
9.1 Early Industrialization in the Northeast
Industrialization led to radical changes in American life. New industrial towns, like Waltham, Lowell, and countless others, dotted the landscape of the Northeast. The mills provided many young women an opportunity to experience a new and liberating life, and these workers relished their new freedom. Workers also gained a greater appreciation of the value of their work and, in some instances, began to question the basic fairness of the new industrial order. The world of work had been fundamentally reorganized.
9.2 A Vibrant Capitalist Republic
The selling of the public domain was one of the key features of the early nineteenth century in the United States. Thousands rushed west to take part in the bounty. In the wild frenzy of land purchases and speculation in land, state banks advanced risky loans and created unstable paper money not backed by gold or silver, ultimately leading to the Panic of 1819. The ensuing economic depression was the first in U.S. history. Recovery came in the 1820s, followed by a period of robust growth. In this age of entrepreneurship, in which those who invested their money wisely in land, business ventures, or technological improvements reaped vast profits, inventors produced new wonders that transformed American life.
9.3 On the Move: The Transportation Revolution
A transportation infrastructure rapidly took shape in the 1800s as American investors and the government began building roads, turnpikes, canals, and railroads. The time required to travel shrank vastly, and people marveled at their ability to conquer great distances, enhancing their sense of the steady advance of progress. The transportation revolution also made it possible to ship agricultural and manufactured goods throughout the country and enabled rural people to travel to towns and cities for employment opportunities.
9.4 A New Social Order: Class Divisions
The creation of distinctive classes in the North drove striking new cultural developments. Even among the wealthy elites, northern business families, who had mainly inherited their money, distanced themselves from the newly wealthy manufacturing leaders. Regardless of how they had earned their money, however, the elite lived and socialized apart from members of the growing middle class. The middle class valued work, consumption, and education and dedicated their energies to maintaining or advancing their social status. Wage workers formed their own society in industrial cities and mill villages, though lack of money and long working hours effectively prevented the working class from consuming the fruits of their labor, educating their children, or advancing up the economic ladder.