Mid-19 Century Market Analysis

What was the nature of the urban and market development during the mid-19 century? This refers to the term the “Market Revolution”, for the many economic and social changes that occurred between 1812 and 1860s (Schultz, 2010). During a time when an enormous number of farmers chose to avert from being self-sufficient to focus on a single growing crop that could be sold at the market from assistance by an abundant transportation, communication, and technological innovations. First, the commercial agriculture changed the way farmers perform their livelihood. Instead of farm families growing a variety of crops for personal consumption, they focused on producing a high-quality product to bring to a local market for sale and to purchase products

Some of the roads and turnpikes were rough, slow transporting, and dangerous, which made the shipping of large goods not reliable due to the unpredictable roads. Therefore, canals were constructed to improve shipments of large products safely and increase mobility time to its destination, thus, creating a continuous water route from the shores of the Atlantic to the Great Lakes. Henceforth, a more effective transport along broad rivers began as the Steamboat to carry commerce in the South, then reduced the cargo rates across the country (Schultz, 2010). Then, a new transformative transportation was the railroad that did not rely on natural waterways, however, the railroads would not freeze, and transport goods significantly faster than mules. During this time, another innovation occurred in communication invented by Samuel F. B. Morse. Significantly, this development of the telegraph was successfully transmission by utilizing electric wires to send a message from one place to another, allowing news about politics, prices of goods, and the arrival of new products throughout the nation within