The Market Revolution in the early nineteenth century reshaped economic transactions in the United States, emphasizing supply, demand, and price over social relationships.
The Market Revolution in the early nineteenth century in the United States was characterized by a transition from home production to factory production, where traditional controls over production, distribution, and exchange gave way to market transactions.
During this period, supply, demand, and price became more important in economic transactions, overshadowing social relationships. Money alone played a significant role in mobilizing goods and people in a system of anonymous transactions, marking a shift in customary social practices.
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