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Essay / Slavery in the Market Revolution
Slavery played an important role in transforming the American economy during the Market Revolution of the 19th century. This period saw the shift from an agrarian to an industrial economy, as well as the expansion of markets and transportation networks. The institution of slavery was deeply linked to this economic transformation, as it provided the labor force necessary to produce raw materials and goods that fueled market expansion. This essay will examine how slavery shaped and was shaped by the market revolution, as well as the lasting impact it had on American society. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay One of the main ways slavery influenced the market revolution was its role in the production of raw materials. The expansion of the cotton industry in the South was one of the driving forces behind the market revolution, as cotton became America's most valuable export. The demand for cotton in the global market led to the rapid expansion of cotton plantations, which relied on slave labor to cultivate and harvest the crop. The profitability of cotton production fueled economic growth in the South and contributed to the overall expansion of the American economy. In addition to the production of raw materials, slavery also played a crucial role in the manufacturing and distribution of goods during the market revolution. Slave labor was used in industries such as textiles, iron production, and shipbuilding that were essential to the growth of the American economy. The profits generated by these industries helped fuel the expansion of markets and transportation networks, contributing to the economic transformation of the United States. Additionally, the expansion of markets and transportation networks during the Market Revolution had a significant impact on the institution of slavery. . The growth of the domestic and international market for goods produced by enslaved labor necessitated the expansion and improvement of transportation infrastructure, such as roads, canals, and railways. This facilitated the movement of raw materials and goods to and from the South, further integrating the slave economy into the broader American economy. The institution of slavery also impacted the social and political landscape of the United States during the Market Revolution. The South's economic power, fueled by the profitability of slavery, gave the region significant political influence. This influence was reflected in compromises made to maintain the balance of power between the free and slave states, such as the Missouri Compromise and the Compromise of 1850. Additionally, Southern economic interests led to the perpetuation and to the expansion of slavery, thereby contributing to the growing sectional tensions that ultimately led to the Civil War. Slavery's legacy of the market revolution has had lasting effects on American society. America's economic growth and prosperity during this period was built on the exploitation of enslaved labor, leaving a legacy of racial inequality and injustice that continues to impact the country today . The social and political divisions created by the institution of slavery during the Market Revolution laid the foundation for the conflicts and struggles for equality that have shaped American history. Keep in mind: this is just a sample. Get a personalized article from our expert writers now. .Get a Trial.