The Political Economy of American Industrialization, 1877-1900

Download or read book The Political Economy of American Industrialization, 1877-1900 written by Richard Franklin Bensel and published by Cambridge University Press. This book was released on 2000-11-06 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last decades of the nineteenth century, the United States underwent an extremely rapid industrial expansion that moved the nation into the front ranks of the world economy. At the same time, the nation maintained democratic institutions as the primary means of allocating political offices and power. As the combination of robust democratic institutions and rapid industrialization is rarely found in world history, this book explains how economic development and democracy coexisted in the United States during industrialization.