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Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

2014

History

Lindenwood University

Railroad boom

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Full-Text Articles in Social and Behavioral Sciences

"Creative Destruction In The Antebellum Marketplace: St. Louis Merchants And The Railroad Boom Of The 1850s", Mike Snodgrass Nov 2014

"Creative Destruction In The Antebellum Marketplace: St. Louis Merchants And The Railroad Boom Of The 1850s", Mike Snodgrass

The Confluence (2009-2020)

The 1850s was a time of great change for merchants in St. Louis. Railroads were moving in and with them came greater business competition. Commercial organizations such as the St. Louis Merchants Exchange came about to try to stabilize the marketplace. However, even these groups were unable to protect the market from the qualms and tribulations it would face .