America's Economy during the 1840's through the 1860's The influential factors that contributed to the vigorous economic expansion of America during the 1840's through the 1860's, consisted of the Industrial Revolution, the Improvements in Transportation, and Internal Expansion, all played a vital role in helping form the dynamic economy. The nations industry was rapidly growing more efficient, better quality products, with help of the advances in manufacturing technology. A change from unmarried female factory workers, …
showed first 75 words of 758 total

showed last 75 words of 758 total
…quick. The gold rush aided the economy by creating new businesses and development on the west coast, also it created more specie, which meant that paper money was backed up by more gold and therefore curbed inflation and strengthened the dollar again. In conclusion the industrial revolution, improvements in transportation, inventions and the Gold Rush, greatly played a part in the dynamic quality of the economy. America was on its way to an improved country.