The Market Revolution and the Growth of Sectionalism

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Presentation transcript:

The Market Revolution and the Growth of Sectionalism Industrial Revolution King Cotton Immigrants, Women, and Slave Labor

American Population Year Population 1790 4 million 1800 6 million 1810 1820 8 million 1830 12 million 1840 17 million 1850 23 million 1860 31 million

What was the Market Revolution? Development of Modern Capitalism and end of self-sufficient households Growth of cities Industrialization Specialization on the farm

Transportation!

Number of Factories Number of Employees Value of Product North Atlantic States 69, 831 900,107 $1,213,897,518 Old Northwest States 33,335 188,651 $346,675,290 Southern States 27,779 166,803 $248,090,580 Western States 8,777 50,204 $71,229,989

U.S. Labor Force (in thousands) Year Free Slave Total 1800 1,330 530 (28%) 1,860 1810 1,590 740 (32%) 2,330 1820 2,185 950 (30%) 3,135 1830 3,020 1,180 (28%) 4,200 1840 4,180 1,480 (26%) 5,660 1850 6, 280 1,970 (23%) 8,250 1860 8,770 2,340 (21%) 11,110