Title: How did America change after the War of 1812? Essay - Academicscope
Headings: How did America change after the War of 1812? Essay
How did America change after the War of 1812? Essay
Content: land values in Pennsylvania dropped from $150 an acre to $35 in four years. Unemployment increased with 50,000 people unemployed or erratically employed in New York, Philadelphia, and Baltimore. Furthermore, state banks failed, and the federal bank foreclosed mortgages on homes, farms and shops. Perhaps John Calhoun would be able to describe it best: “ There has been within these two years an immense revolution of fortunes in every part of the Union; enormous numbers of persons utterly ruined; multitudes in deep distress.” It is obvious that economic changes were ubiquitous during the time period after the War of 1812. During the time after the war, political changes influenced society significantly. Different issues like the Missouri dispute and the Tariff of 1816 led to sectionalism, dividing the nation.