How did business practices of the Second Industrial Revolution affect the U.S. economy?

Question

anonymous · Answer

Hey @Jigglypuff123 , would you mind taking a look at this and seeing if you could help me? :D

anonymous · Answer

Because of the new roads and the canal system and other ways of transportation it made it easier for farmers to import goods to other cities. So manufacturers started borrwing money from the state banks to finanace new enterprises. The result was the Panic of 1819- a chain reaction of bank failures, falling land prices, and foreclosures

anonymous · Answer

Hope that is help to you

anonymous · Answer

Yup, thanks!