Economic Boom.

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Presentation transcript:

Economic Boom

Agriculture South: Southern planters could no longer rely solely on Cotton Began branching out to other crops West: Settlers moving west battled the harsh climate Great Plains- Growing crops like Wheat and Corn “Bread Basket” Cattle- Texas and other states in west become “open ranges” where cattle grazed unlimited. North: Fairly limited and really only corn and wheat

Industry South: Majorly lacking South devastated by Civil War but still lacked industry then West: Nearly no industry early on due to lack of resources and people North: dominated American manufacturing Textile mills Steel industry gets big with iron ore deposits from Great Lakes

Discussion How can over focusing too much on one thing (agriculture or industry) hurt an economy? Which region did the West seem to model itself after North or South? Predict what might happen to add a huge boost to the economy of the west?

New Economy in the West The west brought with it new opportunities and new resources. Mining becomes a major draw of the West Gold and Silver huge early on Copper, Lead, and Zinc come after Creates “Boomtowns” Towns that spring up to support mining operations (usually become Ghost towns after)

“Gilded Age” With the slavery and states’ rights issues solved, American turned its focus to making money A new class of ultra rich replaced former slave owners- wealthy industrialists As industries rose, so did money made by them Rich got SUPER rich Poor got SUPER poor (immigrants) Everyone else did ok