Wednesday, July 8, 2009

What part of the US economy improved due to the War of 1812?

This question seems to be referring to the rapid growth of manufacturing in the Northeast that followed the War of 1812. During that war (and for some time before due to an American embargo) the United States was cut off from trade goods from Great Britain, the adversary of the United States in the conflict. This was very harmful to New England merchants, those in the importing business who could no longer bring in British manufactured goods. They bitterly opposed the war as a result. However, the war made many in the region put their money into new economic pursuits, primarily manufacturing. The aftermath of the war witnessed the explosion of the textile industry in particular in New England. In the years that followed, this industry continued to grow at a rapid rate, and the plantation economy of the South, which supplied the textile mills with cotton, grew more or less concurrently. Other industries developed rapidly as well as the United States rushed into the Industrial Revolution and began to transform into a market economy.

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