Chapter 33: Industry in the USA
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 infrastructureIndustry in CincinnatiSamuel Slater’s and Francis Cabot Lowell’s textile millsEli Terry’s clockmaking innovationsRichard March Hoe’s printing pressesThe American firearms industryBecome a Patreon supporter today: https://patreon.com/indrevpod