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Lecture 3
The Economic History of the United States
Eli Whitney 1793 Cotton Gin 50x
Samuel Morse 1844
Washington
DC Telegraph
Productivity
Creative - Destruction
Politics
Invent
Manufacture
Market
Distribute
Finance
Maintainance
U.S. Farmers
1800 - 90 percent
U.S. Farmers
1900 - 45 percent
Gasoline engines
replaced horses
U.S. Farmers
2012 - 2 percent
What happened to those 88 people?

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Economic History of the United States - Lecture 3