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  1. From 1800 to 1860 men and women moved into western cities to find new opportunities and new profits. Exchanging raw materials such as crops, minerals, and animal skins for manufactured goods, or providing services to outlying communities, became the primary economic roles of these urban areas. The early nineteenth century saw the birth of new ...

  2. Americans constantly lamented their lack of civil services, protection (or lack thereof) on the frontier and high seas, and poor roads and infrastructure. 3. The Depression of the 1780s was as bad as the Great Depression. Between 1774 and 1789, the American economy (GDP per capita) shrank by close to 30 percent.

  3. Long Term Economic Growth – 1860–1965: A Statistical Compendium. Business Booms and Depressions since 1775, a chart of the past trend of price inflation, federal debt, business, national income, stocks and bond yields for the United States from 1775 to 1943. Budget of the United States Government.

  4. The transition from an agricultural to an industrial economy took more than a century in the United States, but that long development entered its first phase from the 1790s through the 1830s. The Industrial Revolution had begun in Britain during the mid-18th century, but the American colonies lagged far behind the mother country in part because ...

  5. The economic history of the United States precolonial and colonial periods is a fascinating and complex topic that covers the origins and development of diverse and interrelated economic systems. This article from the Oxford Research Encyclopedia of Economics provides an overview of the main themes and debates in the field, such as the role of Native Americans, European colonization, slavery ...

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  7. The U.S. Economy: A Brief. History. The modern American economy traces its roots to the quest of European settlers for economic gain in the 16th, 17th, and 18th centuries. The New World then progressed from a marginally successful colonial economy to a small, independent farming economy and, eventually, to a highly complex industrial economy.

  8. Before the Revolution, Americans benefited from being part of the British Empire. England ’ s command of the seas gave American merchants access to markets in Europe, the Mediterranean, and the Caribbean. Chief American exports — salted fish, rice, wheat and grain, and tobacco — were carried throughout the world by American ships.

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