 Write down everything that you remember from your cheat sheet you made yesterday  From memory- what is the Industrial Revolution?

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Presentation transcript:

 Write down everything that you remember from your cheat sheet you made yesterday  From memory- what is the Industrial Revolution?

Regional Economies Create Differences

 Factories become new center of industry  Mass-production - production of goods in large quantities  Industrial Revolution - social and economic reorganization that took place as machines replaced hand tools and large-scale factory production

 18 th c.  First textile factories/ labor saving machines  Prosperous = build more factories

From  farming/trade(GB, Europe, West Indies) To Industry & Manufacturing

 1.) Thomas Jefferson’s Embargo Act of 1807  Prohibited Americans from shipping goods to Europe  2.) War of 1812  British navy blockaded US coastline

 Ppl depended heavily on shipping & foreign trade  Mainly women worked in factories

NORTHSOUTH  Mainly Industry & Markets  Smaller farms  Slavery dying out  Mainly Agriculture  Cotton Gin - makes cotton King in South  Very profitable  Expanded Slavery

 1820’s  slavery expands b/c of cotton’s value   700,000 to 1,200,000 (slaves)

 Madison wants to unite the country and create a strong, stable economy..make the US self- sufficient 1.) develop transportation systems & make internal improvements 2.) Establish protective tariff 3.) Resurrect the national bank * North and South use each other..an exchange of goods*..US can be free of dependence from other countries!

1.)Turnpikes 2.)National Road – from MD to IL 3.)Erie Canal- linked Hudson River to Lake Erie

Tariff of 1816 (tax) on imported goods encouraged ppl to buy American made goods & would help pay for roads, canals, lighthouses Bank of US - make a national currency “Era of Good Feelings”