Growth & Expansion Chapter 11. Growth of Industry The Industrial Revolution began to take root in the United States around 1800, appearing first in New.

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Presentation transcript:

Growth & Expansion Chapter 11

Growth of Industry The Industrial Revolution began to take root in the United States around 1800, appearing first in New England. Rivers and streams provided waterpower to run machinery in the factories.

Economic System Capitalism- Economic system of the U.S. Under capitalism, individuals put their capital, or money, into a business in hopes of making a profit.

Economic System Free enterprise- People are open to buy, sell, or produce anything of their choosing as well as work wherever they want Major elements of free enterprise: a.Competition b.Profit c.Private property d.Economic freedom

Inventions The industrial revolution could not have taken place without new machines & new technology. Examples of new machines: a.Spinning jenny: Invented by James Hargreaves b.Water frame: Invented by Richard Arkwright c.Power loom: Invented by Edmund cartwright d.Cotton gin: Eli Whitney e.Steam engine: Thomas Newcomen

Spinning Jenny

Water Frame

Power Loom

The cotton gin enabled 1 worker to clean cotton as fast as 50 people working by hand

Patent In 1790 Congress passed a patent law to protect the rights of those who developed “useful and important inventions.” Patent- gives an inventor the sole legal right to the invention and its profits for a certain period of time

Cities Come of Age The growth of factories and trade spurred the growth of towns and cities The new industrial towns grew quickest. Many developed along rivers and streams to take advantage of water power Some people left farming because cities and towns offered a variety of jobs and steady wages

The Era of Good Feelings James Monroe won the 1816 election by an overwhelming margin

Political differences seemed to fade away causing a Boston newspaper to call these years the Era of Good Feelings

Sectionalism Most Americans felt strong allegiance to the region where they lived This sectionalism, or loyalty to their region, became more intense as differences arose over national policy This put an end to a period of national harmony.

The Second Bank of the United States Created in 1816 Restored order to the money supply Helped American Businesses to grow. x

Henry Clay's American System Nicknamed “The Great Compromiser” Clay called for higher tariffs, a new Bank of the United States, and internal improvements, including the building of roads, bridges, and canals.

Conflict Over Slavery Most white Southerners believed in the necessity and value of slavery. Northerners increasingly opposed it.

Missouri Compromise Henry Clay worked out a compromise The Missouri Compromise – Provided for the admission of Missouri as a slave state and Maine as a free state The agreement banned slavery in the remainder of the Louisiana Territory north of the 36 degree 30 minute parallel Preserved the balance between the North and the South in the senate

New States /Slavery Issues Sectional tension reached new heights in 1820 over the issue of admitting new states to the Union The problem revolved around slavery The South wanted Missouri, part of the Louisiana Purchase, admitted as a slave state Northerners wanted Missouri to be free of slavery

Foreign Affairs Spain owned East Florida and also claimed West Florida. The U.S. contended that West Florida was part of the Louisiana Purchase. General Andrew Jackson invaded Spanish East Florida, seizing control of 2 Spanish forts.

Adams-Onis Treaty Spain gave East Florida to the United States and abandoned all claims to West Florida The United States gave up claims to Spanish Texas p. 326

Adams-Onis Treaty

Latin American Republics In the early 1800’s Spain controlled a vast colonial empire that included what is now the southwestern United States, Mexico, and Central America, and all of South America, except Brazil

Monroe Doctrine In Latin America, it is a period of revolution and liberation. Chile, Venezuela, Mexico and Brazil have gained their freedom from Spain and Portugal. The United States recognizes them as legitimate countries. America fears that other foreign countries like France and Britain may now want to control these countries in Latin America.

Monroe Doctrine The statement issued by the President: The United States would oppose any new European colonies in the Americas.