Chapter 9 Flashcards
Steam Engine
A machine using steam power to perform mechanical tasks. It enabled manufacturing in the nineteenth century to become significantly more efficient than previously.
Second Great Awakening
A religious revival movement that arose in the late eighteenth century in reaction to the growth of secularism and rationalist religion; it spurred the growth of the Baptist and Methodist churches.
division of labor
The process of breaking down manufacturing work into individual steps, each to be completed by a different person or machine.
“putting out” system
The early practice of exporting certain manufacturing tasks, like stitching to laborers, often women and children outside the shop.
Lowell mills
Model, New England textile factory communities that during the first half of the 19th century provided employees, mostly young woman with meals, a boarding house and moral discipline, as well as educational and cultural opportunities.
labor movement
A movement that emerged in the 19th century as a growing class of factory workers began to organized against harsh working conditions, low wages, and exploitative bosses.
American System
An early nineteenth-century economic plan championed by Henry Clay of Kentucky that called for federal tariffs on imports, a strong national bank, and federally financed internal improvements—roads, bridges, canals—all intended to strengthen the national economy and end American dependence on Great Britain.
Panic of 1819
A severe collapse triggered by President Grant’s efforts to withdraw greenbacks from circulation and transition on the economy back to hard currency based on the gold standard. This caused a major New York brokerage house to collapse, causing other brokerages and banks to fail, followed by many railroad companies declaring bankruptcy.
monopolies
Large corporations that effectively control an entire market through their products or services.
Working Men’s Party
Formed by laborers in Philadelphia in 1828, a political party intended to advocate for the needs of the common man.