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Between 1800 and 1860, the United States became the preeminent world supplier of cotton as output increased sixty-fold. Technological changes, including the introduction of improved cotton varieties, contributed significantly to this growth. Measured output per worker in the cotton sector rose...
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"Between 1800 and 1860, the United States became the preeminent world supplier of cotton as output increased sixty-fold. Technological changes, including the introduction of improved cotton varieties, contributed significantly to this growth. Measured output per worker in the cotton sector rose...
Persistent link: https://www.econbiz.de/10008702107
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During the nineteenth century, the US manufacturing sector shifted away from the "hand labor" mode of production, characteristic of artisan shops, to the "machine labor" of the factory. This was the focus of an extremely detailed but extraordinarily complex study by the Commissioner of Labor...
Persistent link: https://www.econbiz.de/10012481631
From March to July 1933, industrial production rose 57 percent. We show that an important source of recovery was the effect of dollar devaluation on farm prices, incomes, and consumption. Devaluation immediately raised traded crop prices, and auto sales grew more rapidly in states and counties...
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During the nineteenth century the United States urbanized - the share of the population living in urban areas increased - and industrialized - the share of the labor force in manufacturing increased. Our survey of the literature and analyses of census data suggests that a key reason was the...
Persistent link: https://www.econbiz.de/10012496151