21 Jul 2022

156

Industrialization and the Rise of a Regulated Economy

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Academic level: College

Paper type: Research Paper

Words: 703

Pages: 3

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From the late 1800s, there was a lot of transformation in America's industrialization. The change in industrialization was brought about by the rise of regulations on the economy. The increase in government regulations on businesses from the 1800s to 1930, helped to build the overall economy of the United States of America. Four significant changes took place during the transformation period (Kevin, 2018). Firstly, there were strict programs for the Public Service and not the private sectors of the economy. Secondly, the Government of the United States focused more on marketing American products within the country and outside the nation. Thirdly, they denounced a system where they were to use foreign policies. Finally, they called for a military against the Indians who were conducting most of the business in the United States during the period. The four examples helped America to undergo dramatic economic growth during and after the civil war. They helped to build the government as well as the welfare of the workers. Low monopolization was witnessed, higher wages, and proper working condition. 

The 1910s the government employed the 'Would Outlaw War.' American government denounced the mercenary system that was being used by foreign policy. The international bankers were monitored as well as the financial imperialist of those times (Spring, 2009). During the Would Outlaw War system, the government guaranteed the citizens a referendum which was to decide on whether to go for war or peace. From 1881, the governor of Colorado requested for the military (Harjo, 1996). The military was to help in getting rid of the Indians who were conducting business. They employed harsh punishment on Indians who were found guilty. Indian Men and women were butchered to ensure that Indians ran the economy. Some of the Indians escaped and settled in the north to join with other tribes. 

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Between the years 1930-1940, there was a 'program of public service.' The government crushed down all the private sectors that were monopolizing. Resources like water were under public ownership (Kevin, 2018). The strict control of such resources including coal, iron, among others, ensured proper care for the public and promotion of jobs during a shortage of business opportunities. Adequate laws provided by an orderly livelihood. In the 1920s, the United States government focused on marketing their products. The marketing created a direct route from farm producers and the consumers who were majorly located within the cities. During this period, they provided legislation that was protecting the co-operative enterprise. Government marketing ensured that there was a common international measure that helps American to recover economically after the effects of World War I (Gompers, 1914). The marketing strategy ensured that there was the abolition of the tyranny system as well as the usurpation of the courts. The system also ensured that there was no nullification of political, social, and economic cases. All were solved for the economy to move forward. 

The Would Outlaw War helped many American. The foreign policies were not well explained well to Americans by foreign institutions. During this time, the government did not allow foreign policies in the United States. The denouncement of the foreign policies helped Americans understand the systems they were used to in doing business. The military that was deployed in Colorado created more opportunities for America. Indians used to employ their fellow Indians and render Americans jobless (Kevin, 2018). They had to move to other areas or corporate with the local government. Government marketing helped to promote American products. The protection from the government to the co-operative helps the American more. There was the 'Program of Public Services' in the United States. The government crushed down the private institutions that were monopolizing business entities in the United States. That move on opened ways for the Americans to do more business. The American economy grew, and the citizens found opportunities to explore their country. 

History of United States development in the economy has created a lot of changes in today's ways of operating the economy. The progressive in marketing strategies have changed how people see the American market today (Kevin, 2018). Other countries view American products as high-value products due to good marketing strategies. The laws that were created from history have been transformed to suit the current market situation. New leaders have come up with new rules that help the country to keep up with the competitive market globally (Follette, 1924). Workers' rights have been addressed, and American workers are protected more. To empower the economy, the government has to provide jobs to those who were unemployed to help improve the economy. 

References 

Kevin M. Schultz. (2018). HIST: Volume 2: U.S. History since 1865. 5th ed. 

S. Gompers. (1914). The American Labor Movement: Its Makeup, Achievements, and Aspirations. http://wwphs.sharpschool.com/UserFiles/Servers/Server_10640642/File/ bugge/Chapter%2021/Gompers.pdf 

S. S. Harjo. (1996). Now and Then: Native Peoples in the United States. http://libdatab.strayer.edu/login?url=https://search.ebscohost.com/login.aspx? direct=true&db=eue&AN=507507152&site=eds-live&scope=site 

R. La Follette. (1924). La Follette’s Progressive Platform. http://college.cengage.com/history/wadsworth_9781133309888/unprotected/ps/follett e.html 

T. C. Leonard. Spring, (2009). American Economic Reform in the Progressive Era: Its Foundational Beliefs and their Relation to Eugenics. http://libdatab.strayer.edu/login? url=https://search.ebscohost.com/login.aspx? direct=true&db=bth&AN=36656984&site=eds-live&scope=site 

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