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Keyword: idustrialrevolution

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  • Is The US Debt a Threat to Democracy?

    06/30/2009 12:25:46 PM PDT · by jxb7076 · 4 replies · 366+ views
    humbapes ^ | 6/30/09 | JXB7076
    The Industrial Revolution (1820-1870) ushered in significant advances in agriculture which resulted in an increased supply of food and raw materials. Developments in technology resulted in increased production, efficiency, profits, commerce, both foreign and domestic. Industries directly affected were textiles, coal mining, iron, transportation, and steam. The United States was second only to England in the production of wealth and export of goods. The American economy was strong and the dollar was gaining global recognition and nations were waiting in line for America’s exports and the American currency. But this rapid growth began to decline around the turn of the...