At the start of the 19th Century, the U.S. economy was very similar to the cash-crop export economies of the soon-to-be-independent countries of Latin America. But a half century later, the U.S. was the second largest economy in the world, with industrial productivity on par with – or even greater than – Great Britain. How did it happen?
This week, we discuss the causes and results of American industrialization, including:
The Erie Canal and other transport infrastructure
Industry in Cincinnati
Samuel Slater’s and Francis Cabot Lowell’s textile mills
Eli Terry’s clockmaking innovations
Richard March Hoe’s printing presses
The American firearms industry
Become a Patreon supporter today: https://patreon.com/indrevpod