Republican congress implemented its economic vision for the the united states by subsidizing the transcontinental railroad .
<h3>Republican congress </h3>
The Union economy grew and prospered during the war while fielding a very large army and navy. The Republican in Washington had a Whiggish vision of an industrial nation, with great cities, efficient factories, productive farms, all national banks, all knit together by a modern railroad system, to be mobilized by the United States Military Railroad. The South had resisted policies such as tariffs to promote industry and homestead laws to promote farming because slavery would not benefit. With the South gone and Northern Democrats weak, the Republican enacted their legislation.
The Union economy grew and prospered during the war while fielding a very large army and navy. The Republican in Washington had a Whiggish vision of an industrial nation, with great cities, efficient factories, productive farms, all national banks, all knit together by a modern railroad system, to be mobilized by the United States Military Railroad.
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Indeed, during the 20th Century, the general trend in the United States was to move closer to the ideas of Adam Smith about the role of government.
<h3>What were the ideas of Adam Smith about the government's role?</h3>
Adam Smith, who emphasized the importance of productive labor, self-interest, capital investments, and profits, believed that the limited and well-defined role of government in capitalism should concentrate on:
- Enforcing contracts
- Administration of justice
- Provision of public goods
- Provision of national defense
- Granting of patents and copyrights
- Encouraging inventions and new ideas.
Adam Smith declared that the invisible hand or self-interest should guide economic productivity because capital investments always aim toward profitability.
He firmly believed that the market forces of supply and demand, division of labor, and pursuit of self-interest, with little government intervention, should form the bedrock of capitalism.
Thus, it is true that during the 20th Century, the general trend in the United States was to move closer to the ideas of Adam Smith about the limited role of government.
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No, Lyman Beecher did not write 'Uncle Tom's Cabin'. 'Uncle Tom's Cabin' was written by Harriet Beecher Stowe.
