Early U.S economy

Definition

The early U.S economy refers to the economic conditions and activities in America during its formative years after gaining independence from Britain. This period includes factors such as agriculture, trade, manufacturing, and overall economic growth.

Related terms

Agrarian Society: A society primarily focused on agriculture where farming plays a central role in generating wealth and sustaining livelihoods.

Manufacturing Revolution: A period of industrial growth characterized by advancements in technology leading to increased production capacity in factories.

Trade Embargo: An official ban on trade with other countries aimed at exerting economic pressure or protecting domestic industries.