expanding markets and moving west Flashcards
Specialization
H
Market revolution
People bought and sold goods rather than making them for their own use
Capitalism
Economic system where private businesses and individuals control the means of production
Entrepreneurs
Investors who risked their own money in new industries
What year did Charles Goodyear develop vulcanized rubber?
1839
Who patented the sewing machine in 1846?
Elias Howe
Some inventions made life more enjoyable. Other inventions fueled the economic revolution and transformed…
Manufacturing, transportation and communication
How many miles of telegraph wire crossed the country in what year?
23,000 and 1854
What Pennsylvanian made a 150 mile trip up the Hudson River in the Clermont?
Robert Fulton
Where did Robert Fulton travel to and from and for how long?
New York City to Albany, New York
32 hours
Ships could now go upstream because of…?
Steam engines
In 1816 how many miles of canals did America have?
100
What was the nations first major canal?
The Erie Canal
The heyday of canals lasted until what year and why?
1860’s and the railroads
By 1850, _______ miles of railroad track had been laid.
10,000
In 1818 the National Road reached from where to where?
Cumberland, Maryland to Wheeling, Virginia
By 1838 how far did the national road reach?
Springfield, Illinois
The south exported what
Cotton
The west exported what
Grain and livestock