The Economic Growth of the United States: 1790-1860

The Economic Growth of the United States: 1790-1860Integrating economic theory, history, and statistics in this provocative study, Professor North develops a fresh interpretation of the sources and determining factors of United States growth from the founding of the nation to the Civil War. From 1970 to 1814 economic development is seen primarily as a result of external influences. From 1815 to 1860 the westward movement and the transformation to an industrial economy provided accelerating influences

Integrating economic theory, history, and statistics in this provocative study, Professor North develops a fresh interpretation of the sources and determining factors of United States growth from the founding of the nation to the Civil War.

From 1970 to 1814 economic development is seen primarily as a result of external influences. From 1815 to 1860 the westward movement and the transformation to an industrial economy provided accelerating influences on the nation's growing prosperity. Professor North concludes that the export trade, particularly in cotton, was of prime importance as a stimulant to the economy. And he emphasizes the cornerstone of growth was the spread of a market economy, which attracted "an increasing percentage of resources into production for the market and out of pioneer self-sufficiency."

Binding Type: Paperback
Publisher: W. W. Norton & Company
Published: 01/17/1966
ISBN: 9780393003468
Pages: 320
Weight: 0.85lbs
Size: 8.00h x 4.90w x 0.90d