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Title: Introduction, Volume 2: The Emergence of an Industrial Nation (1840-1893)

Citation Type: Newspaper Article

Publication Year: 2018

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Abstract: The years from 1840 to 1893 in the Unites States were ones of overall growth interspersed with periods of severe economic distress. The era began in depression, the aftermath of the dual panics of 1837 and 1839. An economic revival followed in the mid-1840s and lasted more than a decade. There was another financial panic in 1859, but the aftereffects were overwhelmed by the outbreak of the American Civil War. After the war, the country experienced a long period of deflation. During these years, it endured two additional financial panics, in 1873 and 1893, so the era ended as it had begun, in an environment of economic distress. These conditions would hardly seem conducive to attract immigrants to the United States, but the country also was on a dynamic growth path and opportunities to get ahead abounded.

Url: https://www.immigrantentrepreneurship.org/entry.php?rec=276#_ednref19

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Authors: Hausman, William J

Publication Name: Immigrant Entrepreneurship

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Publication Date: April 3, 2018

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Data Collections: IPUMS USA

Topics: Labor Force and Occupational Structure, Migration and Immigration

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