Chapter 8: The Northeast Building Industry Section 8-1 Economic Growth
Vocabulary Industrial Revolution: people left their homes and farms to work in mills and factories Cotton Gin: allowed one worker to clean as much as 50 people (Eli Whitney) Factories: often had dangerous working conditions Free enterprise: a system where people are free to buy, sell and produce Technology: scientific inventions that simplify work
The Growth of Industry Why did the Industrial Revolution begin in the US in New England? British Inventors created machinery Changes in the system known as Industrial Revolution Started around 1800 First in New England Poor soil, difficult farming Rivers provided waterpower for machines Many sea ports
A Changing Economy What were the first New England Mills? Capitalism: economic system of the US Free Enterprise: competition, profit, private property, economic freedom New Technology: Cotton Gin: increased cotton production Eli Whitney was the inventor Interchangeable parts First New England Mills: Textile Mills
A Changing Economy What states passed 1 million in population in 1820? What are the pros and cons of living in a city or town? 65% of US were Farmers Demand for cotton increased =300,000 bales a year Economic Independence People started investing Towns and cities grew Near rivers and streams Made of wood or brick, no sewers Fire threat Variety of jobs, steady wages