Unit 5: Economic Growth Flashcards
Industrial Revolution, Cotton Gin, Immigration, etc.
1
Q
Effects of war of 1812
A
U.S manufacturing increased because of boycott of British goods
2
Q
cotton gin
A
expanded cotton production and the need for more agricultural labor (slaves)
3
Q
industrial revolution
A
new inventions helped farming and helped factories make goods faster; goods became cheaper; needs for workers grew.
4
Q
free enterprise
A
economy with little gov’t regulation; based off supply and demand; developed in response to strong colonial trade laws.
5
Q
canals
A
man made rivers; price of goods decreased; northeast cities grew along canals.
