American History since 1865: HIS 204
Economic Growth in American History
The economy has had a great impact on American history. The rise and fall of the economy directly affected many facets of our culture and the financial aspects of American life. It designated social class within the American population, generated new businesses, and propelled the nation forward from a technological standpoint. In this paper, I will explain some of the economic changes that have occurred in American history and how the economy was directly affected by those changes.
During the period of 1865 - 1876, our nation went through a period of Presidential reconstruction that was implemented to aid the American people, including ex-slaves, to succeed in the economic world. President Abraham Lincoln, as stated in the text, “considered reconstruction his responsibility” (Davidson, Delay, Heyrman, Lytle, & Stoff, 2008, p. 472). He generated reconstructed governments in several southern states during the war, and experimented with giving land to ex-slaves.
Although this act seemed to be a step in the right direction for our country, in regards to abolishing slavery, there were many issues that were overshadowed by the incentives of Lincoln’s 10 percent plan. Davidson et al. (2008) summarizes President Lincoln’s intentions stating that:
Moreover, while he privately suggested permitting some black men to vote in the disloyal states, “as for instance, the very intelligent and especially those who have fought gallantly in our ranks”, he did not demand social or political equality for black Americans, and he recognized pro-Union governments in Louisiana, Arkansas, and Tennessee that allowed only white men to vote. (p. 473)
I can agree with the author’s stance on Lincoln’s intentions for the slaves, but I can also argue that it may have been too soon for the country to accept ex-slaves as property owners, or even having the same rights... [continues]
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