What political influences led to a shift in the u.S. economy from subsistence farming to a market economy following the revolutionary war? 1. implementing government programs to aid people in economic hardship; 2. passing laws that limited production in southern states; 3. passing legislation that supported the economy of southern states based on the labor of enslaved people; or 4. creating opportunity for new textiles and factories in the northern states to produce goods

1 answer

The correct answer is 4. Creating opportunity for new textiles and factories in the northern states to produce goods.

After the Revolutionary War, several factors contributed to a shift in the U.S. economy from subsistence farming to a market economy. One significant influence was the development of industrialization in the northern states. This was facilitated by the creation of new textiles and factories that produced a variety of goods.

The newly formed United States sought to establish economic independence and stimulate growth. The industrial revolution, which had already begun in Europe, played a crucial role in creating this shift. The government encouraged the establishment and expansion of factories and industries in the northern states, which led to increased production, trade, and the growth of a market economy.

This change was influenced by political decisions and policies that aimed to foster economic development. Rather than relying solely on subsistence farming, the government supported the growth of industries which could produce goods for both domestic consumption and export.

In contrast, the other options mentioned did not have the same direct impact on the shift to a market economy. Government programs aiding those in economic hardship were not specifically linked to transforming the overall economy from subsistence farming to a market economy. Laws that limited production in southern states may have affected some specific sectors or regions but did not lead to a widespread transformation of the economy. Lastly, legislation supporting Southern economies based on enslaved labor was not instrumental in the shift to a market economy as it reinforced an agricultural system rather than promoting industrialization and market-based production.