Emergence Of Modern America: The Gilded Age - Increasing Productivity

The video discusses the impact of steam engines on industrial growth and the expansion of markets through railroads. It highlights how this technology affected American farmers, leading to increased debt and specialization in cash crops. While some farmers profited, others struggled with high shipping costs and low market prices, forcing many to leave farming for urban factory jobs.

What were the financial implications of the high cost of shipping for farmers?

How did some farmers manage to increase their profits during this period?