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War 1812 - Essay Example

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War is definitely one of the most harmful events possible but sometimes war can turn into an efficient fundamental for further development of some side of the conflict. The War of 1812 was that kind of war which laid the groundwork for postwar economic growth of the United…
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War 1812
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Download file to see previous pages The issue of the war was multiple and mostly was concerning economic problems between the countries. Among them was economical restrictions for American merchants on British territory, complicity of trading conditions and eventually the main reason was aspiration of the United States to become free from dependency on Britain. As far as Britain was busy with paying attention to Napoleon and his actions British authorities had to give up on their fighting for American colonies and this laid the main fundamentals of the United States as a young independent country. Ever since then the economic growth of the US started increasing rapidly.
First of all, the consequences of the war were quite ambivalent. On the one hand Americans had great losses and demolition on their territory but on the other hand they got huge economic compensation. Historical and economic researches stated that even though it is impossible to count certain cost of losses still the United States got great economic impulse as their market became independent from foreign colonialists (Hickey 1989). In addition, the US got the compensation from the United Kingdom which definitely increased national funds.
With the opening of the boundaries between the USA and the rest of the world economic growth started increasing rapidly. American merchants increased the amount of their trading operations and it pushed the development of different industries. Thus, production of goods grew and national economy started to develop faster.
Furthermore, except for the economic independence the United States got from the war, if to take a look at the consequences of the war broaden we can see some great social-economic changes. The war led to the start of the changes from feudal system with its slavery to more capitalistic formation of the state. Evidently the decrease of the ...Download file to see next pagesRead More
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