American life changed dramatically during the first part of the nineteenth century. The United States’ economy changed from a su
bsistence economy to a market economy. What does that mean and why did it happen? In answering this question please be sure to: -explain the difference between a subsistence economy and a market economy.
-explain the reasons why the shift to a market economy occurred.
-in looking at the manufacturing, transportation and/or commuication instries, describe and evaluate which specific change or innovation witihin one of those industries was most important to the growth of the nation.
Teddy Roosevelt and William Taft both busted trusts and big business. This was a big turn around from the laissez faire styled economy before it in the gilded age