Safety Valve Theory
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High Quality Content by WIKIPEDIA articles! The safety valve theory was a theory about how to deal with unemployment which gave rise to the Homestead Act of 1862 in the United States. Given the concentration of immigrants (and population) on the Eastern coast, it was hypothesized that making free land available in the West, would relieve the pressure for employment in the East. By analogy with steam pressure (= the need for work), the enactment of a free land law, it was believed, would act as a safety valve. A distinction has to be made between (1) the safety valve theory as an ideal and (2)…mehr

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High Quality Content by WIKIPEDIA articles! The safety valve theory was a theory about how to deal with unemployment which gave rise to the Homestead Act of 1862 in the United States. Given the concentration of immigrants (and population) on the Eastern coast, it was hypothesized that making free land available in the West, would relieve the pressure for employment in the East. By analogy with steam pressure (= the need for work), the enactment of a free land law, it was believed, would act as a safety valve. A distinction has to be made between (1) the safety valve theory as an ideal and (2) the safety valve theory as embodied in the Homestead Act of 1862.