Ch. 9-10 notes Flashcards
Market Revolution
A period of rapid economic growth and change in the early 19th century, characterized by increased industrialization, market-oriented agriculture, and the rise of new transportation systems.
Transportation Revolution
The significant improvements in transportation infrastructure in the early 19th century, such as roads, canals, and railroads, which facilitated the movement of goods and people across the country.
In what ways did the Erie Canal connect the Western territories and the Northeast?
The Erie Canal connected the Great Lakes to the Atlantic, allowing Western goods to reach Eastern markets more easily, boosting trade and the national economy.
What affect did the market revolution have on the daily lives of common Americans?
The Market Revolution shifted the U.S. economy from local, subsistence farming to a market-based economy. People moved from rural farms to factories and cities, while transportation improvements made goods and labor more mobile.