What is Market Revolution?
Category: Marketing
1Definition
The transformation of the American economy in the early 1800s from subsistence farming to market-oriented production.
2Context
Driven by transportation improvements (canals, railroads) and manufacturing growth. Changed American society fundamentally.
3Example
Before the market revolution, farmers grew food for themselves. After, they grew cash crops to sell in distant markets.
⚠Common Trap
The market revolution isn't the Industrial Revolution—it's specifically about the shift to market-based exchange in America.
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