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We all know that America is at the forefront of economic power.
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We all know that America is at the forefront of economic power, and therefore is the leading powerhouse in the world, however this was not always the case. I will examine America's rise in the 19th century, and the principal features of its economic growth. This century was the most important in America's rise to the top; it was a time of revolution, reconstruction, organisation and opportunity, which would set-up America for its forth-coming dominance. Before we enter the 19th century, it would be good to get an idea of the situation leading up to this period. The 18th century, showed a small increase in economic success, however at this time Britain was still the dominant power in the world. There was a population growth leading to more consumers and more markets to exploit. At this stage America was reliant on slavery especially in the south, exports of farming, and an integrated Atlantic trade. So at this point America was growing but not at any astonishing rate, but it did lay the ground for success, if America was willing to take the opportunity. This kindly leads up to the development of America as an economic power.
I will discuss
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