We think you have liked this presentation. If you wish to download it, please recommend it to your friends in any social system. Share buttons are a little bit lower. Thank you!
Presentation is loading. Please wait.
Published byKenneth Ray
Modified over 5 years ago
Antebellum Economic Developments
I.Productivity Factors Behind the “Industrial Revolution” and the “Market Revolution”
A) Abundant Natural Resources Lumber
B) Technological Innovations Eli Whitney Cotton Gin & Interchangeable Parts
Robert Fulton & the Steamboat
Ex: John Deere & the Steel Plow
Ex: Cyrus McCormick & the Mechanical Reaper
Ex: Samuel Slater & the Factory System
Ex: Samuel Morse & the Telegraph
C) Transportation Developments
Rivers, Canals & Turnpikes Main Transport Arteries Before 1850
Railroads Begins To Dominate Transport By 1860
D) Abundant (Cheap) Labor
E) Government Financial & Political Support For Economic Growth Easy Credit (State Banks & B.U.S.) Protective Tariffs “Common Wealth” Laws (ex: Limited Liability & Eminent Domain) “Laissez-Faire” Labor Regulation
II. The Industrial & Market Revolutions Increase Political Sectionalism
New England Textile Mill
“King Cotton” in the South
Foodstuffs in the West
“Regional Specialization” Leads to “Comparative Advantage”
III. Social Impacts of Economic Changes
Urbanization mainly in the North
“Outwork System” Replaced by “Factory System” & “Division of Labor”
American Urbanization Example: Lowell, Mass. “Model” Factory Town??
Increase in Child & Female Labor
Growing Inequality Leads to: “Wage Slaves” Loss of Individual Craftsmanship
Journeymen Artisans Lose Status Despite Unionization Efforts
“Labor Theory of Value” Loses to the efficiency of the Factory System
Nativism Grows as immigrants come seeking jobs and face backlash ex: “Know Nothing” Party
Industrialization of America and the Market Revolution Antebellum Economics 1790s-1860.
Industrial Revolution Vocabulary Terms
Economic Revolutions and Nationalism Unit 4, Lesson 2.
9.1: INVENTORS AND INVENTIONS
Transportation and Industry Revolution Factories Roads Railroads Canals Steamboats.
EARLY INDUSTRY 7.2.
Industrialization and Transportation
In groups, examine each of 4 placards. For each, look at technology
Early 19c Industrialization in America: The Market Revolution.
Americans vs. the British Britain was first to the game—and didn’t want competition!Britain was first to the game—and didn’t want competition! Britain.
9.1: INVENTORS AND INVENTIONS. TIMELINE OF AMERICAN INDUSTRIALIZATION 1791: Sam Slater brings the textile mill to US 1793: Eli Whitney invents cotton.
9.1: INVENTORS AND INVENTIONS. QUIZ 1.In the mid-1800’s, farmers shifted from self- sufficiency to crop __________. 2._________means to “undertake” investing.
US HISTORY Economic and Social Change Mid-1800s. ECONOMIC CHANGE West: more settlement, growth of farming (corn, wheat), land exploitation North:
Nationalism and Sectionalism in the Economy and Society.
ESSENTIAL QUESTION: First Turnpike Lancaster, PA By 1832, 2400 miles of road connected most major cities.
Economic and Social Divisions between North and South.
ESSENTIAL QUESTION: First Turnpike Lancaster, PA The “Turnpike Era”,
Early American Industrialization & the National Economy Mr. Pagliaro Seymour High School.
Early 19 th Century Industrialization in the US. Transportation Revolution.
© 2021 SlidePlayer.com Inc. All rights reserved.