What improvements help the US economy?. Modernizing America Market Revolution is when Americans were buying and selling goods rather than making products.

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Presentation transcript:

What improvements help the US economy?

Modernizing America Market Revolution is when Americans were buying and selling goods rather than making products for themselves.Market Revolution is when Americans were buying and selling goods rather than making products for themselves. Free Enterprise (private businesses operating for profit with little government regulation)US Economy on the rise due to Free Enterprise (private businesses operating for profit with little government regulation) Entrepreneurs invested their own money in new business ventures, huge risks but big payoutsEntrepreneurs invested their own money in new business ventures, huge risks but big payouts Transportation Improvements “Turnpike Era” nearly 2400 mi. of road connected most major cities

Fulton’s steamboat makes travel by water easier & faster Railroads make moving around country by land easier & faster VQ 1: How are supplies shipped along the Mississippi? VQ2: How does the steamboat change shipping? VQ3: What does the steamboat do for the midwest?

VQ1: Who is mastermind behind the Erie Canal? VQ2: How many men did it take to build the canal? VQ3: What is used to break through the mountains? VQ4: What city benefited the most from it and what new word was invented as a result?. Erie Canal completed in 1825, connects Great Lakes to NE US

Agricultural Improvements Eli Whitney’s cotton gin (1793) – removes seed John Deere’s Steel Plow (1837) – plows fields Cyrus McCormick’s Mechanical Reaper(1831) – cuts down crops

Communication Improvements Samuel Morse’s Telegraph (1840), connects country through wired communication

1840: Elias & Singer invent the sewing machine The Textile Industry Towns like Lowell, Mass develop textile mills (factories) Use young girls for labor “mill girls”

Rise of Unions Lowell mills announce 15% wage cut, mill girls organize a strikeLowell mills announce 15% wage cut, mill girls organize a strike Many strikes failed due to immigrants who would take the job at cheaper wageMany strikes failed due to immigrants who would take the job at cheaper wage Causes backlash against immigrantsCauses backlash against immigrants Due to labor unrest, National Trade Union forms in 1834 Many strikes ruled illegal but Mass. Supreme Court supported workers right to strike in Commonwealth v. Hunt