President Madison video & Questions

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Presentation transcript:

President Madison video & Questions

The First Industrial Revolution

Transportation Improvements Scarce Skilled Craftsmen Protected Markets Overview of the Causes Trade Disruption Population Growth Transportation Improvements Scarce Skilled Craftsmen Protected Markets “Borrowed Technology”

Origins of the Industrial Revolution Trade Disruption – creates demand Population Growth – demand & labor Transportation Improvements – Easier to move products. Early canal

Origins II Scarce Skilled Craftsmen Protected Markets

Origins III “Borrowed Technology” Richard Arkwright’s Water Frame Samuel Slater Arkwright’s Water Frame

Spinning Wheel

Slater and the First Textile Mill Right: Slater’s Mill, Pawtucket, Rhode Island

Slater’s Mill

“Borrowed Technology” Power Loom Francis Cabot Lowell Silhouette of Francis Cabot Lowell Silhouette of Francis Cabot Lowell

Power Loom Weaver Power Loom Weaver

Lowell Textile Mills

Lowell Textile Mills

Slaves Using the Cotton Gin

Changes in Cotton Production 1820 1860

Value of Cotton Exports As % of All US Exports

Industrialization’s Regional Development Geographic Concentration Regional Contrasts Northeast South West

Transportation Revolution Overview: Canals Steamboats Railroads

“Borrowed Technology” Canals British Invention Erie Canal Early Canals

Erie Canal

Rivers Versus Canals Water Ways One Way Slow Light Goods Costly N/S Direction Canals Two Way Faster Heavy Goods Cheaper E/W

Erie Canal Geography Construction and Cost Impact: “Canal Boom” New York becomes the top commerce city of America Encourages people to move to Great Lakes area

Erie Canal

“Borrowed Technology” Railroads British Invention

1850’s to 1880s steam locomotive

Impact of Railroads Time – Much faster to travel Transportation Costs of goods go down by drastic amounts

Steamboats Impact – now products can be moved quickly on southern rivers Why are these boats designed to look like this?

Impact of Industrialization Changes in Work Immigration Immigrants to the US, 1887

Immigration to the US, 1830-1990

Two Chief Groups: Irish and Germans Stamp US Postage Adopted in 1999

Impact of Industrialization Urbanization Growth of Towns and Cities Chicago, 1860

Impact of Industrialization US Social Structure Stratified Society Growing Inequality – Many poor workers The beginnings of middle class. – Factory managers

Growing Economic Inequality Tenements in Slums

The Industrial Revolution in Perspective US Still an Agrarian Society But big changes are on the way.

Economics of the American System Protective tariffs are put in place No central banking or monetary system in place Banks could issue their own money Between 1815 – 1860 there are 3 major economic panics? Debate over how much power the federal govt has in financial working of the country

James Monroe Video and Questions

Homework Answer questions for pp. 246-259