War 1812
The years after the war were full of economic ups-and-downs. For example, the cotton ginboosted the cotton industry and southern economy. The systems of interchangeable part introduce Americans to mass production. Both the cotton gin and mass production methods would revolutionize America.Although the tariffs of 1816 were supposed to protect trade, they proved ineffective. The Panic of 1819 occurred when the European trade bubble burst. Europeans demanded American grain, meat, tobaccoand cotton; farm products and land prices soared as farmers rushed to increase production. Afterwards, the country began to fall into depression as Europeans began to buy less expensive cotton fromIndia and bumper crops. Crop prices and land collapsed. Unemployment increased. Furthermore, state banks failed. It is obvious that economic changes were ubiquitous during the time period after the War of1812.
On the other hand, the nation’s government underwent various changes. Sectionalism split the nation into North and the South, and the Missouri Crisis proved to be only a temporary resolutionto the slavery debate. Slavery had been legal in the Missouri territory under French and Spanish rule, but the North and South disagreed on whether. Also the tariff was supported by West and North andopposed by South. The Monroe Doctrine helped the country to gain respect. The Monroe doctrine dictated that Latin American the Pacific coast of the Americas needed to be left alone by Europeans andRussians. Lastly the end of the Federalist altered the political party system. The Federalist ceased to exist as a national organization and just exist one political party “The Republicans”, with this...
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