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American Dream Babe
The origin of the American Dream, a term coined by James Truslow Adams in his book "The Epics of America" (1931), stems from the departure in government and economics from the models of the Old World. Additionally, from the American Revolutionary War well into the later half of the eighteenth century, many of America's physical resources were unclaimed and held out the promise of land ownership and lucky investment in land or industry in the nineteenth century. The development of the Industrial Revolution combined with the great natural resources of the enormous and as yet unsettled (by Europeans) continent created the possibility of achieving wealth and transitioning "from rags to riches".
The living conditions in Europe and the hope of a better standard of living in America led to the migration of hundreds of thousands to the new world. Impoverished western Europeans escaping the potato famines in Ireland, the Highland clearances in Scotland and the aftermath of Napoleon in the rest of Europe went to America to escape a poor quality of life at home. They had heard about the government in America and hoped for an escape from their old life.
The Industrial Revolution was one of the great forces that developed the American Dream. The Industrial Revolution, amidst all the government corruption of the Gilded Era, resulted in the creation of hundreds of thousands of jobs. The development of big business, the Transcontinental Railroad, and the increase in oil production greatly increased the American standard of living. "Rags to riches" stories of business tycoons like Andrew Carnegie and John D. Rockefeller led to the belief that if you had talent, intelligence, and a willingness to work extremely hard, you were more likely to live a successful life.