As a consequence, major cities, such as Cleveland, began to develop along the shores of the Great Lakes (Billington, 1974). The development of water transportation, particularly steamboat traffic, had major effects on the economic development of the south, and on the development of north-south trade (Beard, Beard, & Beard, 1960). In 1800, the transport of goods from New York City to St. Louis required about six weeks, with an additional four weeks required to move the goods from St. Louis to New Orleans (Beard, Beard, & Beard, 1960). By 1810, the time required for these two legs of the New York to New Orleans trip had been cut to three weeks and two weeks, respectively, and, by 1850, the New York-to-New Orleans trip could be made by steamboat in five days (Beard, Beard, & Beard, 1960).
The traditional explanation of the growth of the cotton textile industry in the American south is that the growth was supply-driven (Lee & Passel, 1979). The supply-driven explanation holds that sharply reduced production costs stemming from inventions¨the mechanized spinning wheel, and mechanized weaving¨and innovation¨the integrated factory¨led to increases in the demand for cotton goods (Lee & Passel, 1979). What this explanation overlooks, with respect to the growth of the cotton textile industry in the American south is that these inventions and innovations were introduced before the real growth in the industry in the south began (Lee & Passel, 1979).
Rapidly growing demand also played a major role in the growth of the cotton textile industry in the American south. The increase in demand was both foreign and domestic in origin. Domestically, the factors contributing to an increase in the demand for cotton textile goods produced in the American south were (1) import substitution¨the availability of American produced cotton textile goods as competitors for imported competitors, (2) the growth of per capita income in the United States, w...
Transportation Revolution. (1969, December 31). In LotsofEssays.com. Retrieved 13:59, August 29, 2016, from http://www.collegetermpapers.com/viewpaper/1303848771.html