between 1790 and 1850, the "market revolution" brought great innovation, progress, and wealth to the nation. however, not all the transformations that emerged were a positive. some of the negative consequences of the "market revolution" included:

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The market revolution sparked explosive economic growth and new personal wealth, but it also created a growing lower class of property-less workers and a series of devastating depressions, called “panics.” Many Americans labored for low wages and became trapped in endless cycles of poverty.

What is market revolution?

  • The market revolution sparked explosive economic growth and new personal wealth,
  • but it also created a growing lower class of property-less workers and a series of devastating depressions, called “panics.”
  • Many Americans labored for low wages and became trapped in endless cycles of poverty.

HENCE,Many Americans labored for poor wages and were forced into never-ending cycles of poverty as a result of the market revolution, which also led to a growing lower class of property-less laborers and a series of terrible depressions known as "panics."

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