4.2.3 Flashcards
(30 cards)
Economic Growth: Population
key part of the industrial expansion, a ban of slaves (importation) slowed the population, 1/3 lived west of the Appalachians
Economic Growth: Transportation
it was a crucial part of the economic development because it was able to move people, materials, and manufacturing goods
Economic Growth: Transportation (roads)
highways were limited within state boundaries, desire for more roads, federal funds (internal improvements) were blocked
Economic Growth: Transportation (canals)
linked by Eric canal, by 10 yrs. all the lakes and rivers were connected, economic ties between east & west. Lowered food prices; increasing westward migration
Economic Growth: Transportation (steamboats)
faster & cheaper than sail boats, ability to move upstream
Economic Growth: Transportation (railroads)
when safety issues were overcome, it became reliable, turning small western settlements into commercial centers, expanding the economy
Economic Growth: Commercial Agriculture
transformed from a means to supply food for your family to industrial enterprise, & the invention of the cotton gin recreated the Souths production to become more focused on cotton, instead of cash crops like indigo and tobacco
Economic Growth: Industry (mechanical inventions)
cotton gin was created by Eli Whitney
Economic Growth: Industry (factory system)
New England was leading in the factory game because of access to water. Banking & finances were built up as well
Economic Growth: Industry (labor)
in factories, child labor was used, in the 1850’s immigrants weren’t typically used
Economic Growth: Industry (unions)
as factory systems were starting up, trade unions were put in place. workers dealt with low pay, long hours (12), & poor working conditions. had difficulties with high employment, & frequent depression
European & American Migration
when coming to America, settlers in the Northeast & Northwest. Industrialization in the country was because of immigration and movement into new cities (Saint Louis, & Sansinate), people started moving west of the App. mountains
Westward Expansion: proposing new land obtained from natives
large areas of land were available after General Harrison & General Jackson’s victories
Westward Expansion: proposing economic expansion
Northeasterns seeked new opportunities after War of 1812, there was fertile land in the South, new land was popular, & farmers in the west loved the cotton gin
Westward Expansion: proposing improved transportation
steamboats, railroads, roads, & canals all contributing to easier travel
Westward Expansion: slavery debate
a question of whether slavery should be allowed or not, new states & western territories either needed to have slavery gained/prohibited. slave states: Louisiana, Mississippi, Georgia, Missouri, Virginia, Carolina’s
North & South
different regions of the country varied when it came to economic pathways, north: more industrializing, sound: more into farming
North & South: the south
cotton gin was popular, cotton was being shipped to the north as well
North & South: culturally
plantation industry
North & South: politically
hands of the plantation owners
North & South: ideology
slavery differed from other regions
North & South: newly industrialized North, bringing ties between the South & north for materials
cotton from the south was shipped to the north for manufacturing. Banks from the north founded factories & plantations in the south
North & South: unification of the US economic system
Henry Clay’s, “American System”, favored by north and Midwest more over the south, south wasn’t involved as much industrialization, tariffs benefited industrial economies more
Era of Good Feeling:
a nationalist feeling that helped unify the nation, between 1816-1820, sparked after the victory of the war of 1812.
