The Growth of the Market Economy

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Humanities

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Review the materials shown in Section 1 of this week’s webtext titled, “The Growth of the Market Economy” then explain three (3) effects that the Market Revolution, reform, and democracy had on society. Note: You will provide three (3) effects for each event. Next, imagine that you are a farmer or that you are living in an urban area, and provide two (2) reasons as to whether you would be for or against the Market Revolution, reform, and democracy. Justify your response. Note: Think about the societal problems, innovations, politics, and factory life during this time period.

Webtext: https://app.junctioneducation.com/#/5b3a5aed6934b6...


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Running head: THE GROWTH OF THE MARKET ECONOMY

The Growth of the Market Economy
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1

THE GROWTH OF THE MARKET ECONOMY

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The Growth of the Market Economy
Three effects of the market revolution
Industrialization in the northeast- as the nation depended on technological innovations;
artisans and artisan were made obsolete through the deskilling process.
The rise of the textile industry- at the beginning of the 19th century,...


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