ELI WHITNEY THE COTTON GIN. THE COTTON GIN (GINNINING) = CLEANING HOW IT WORKS? NOW (1794) ONE WORKER PRODUCES 1 POUND PER DAY WITH THIS YOU WILL DO AS.

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Presentation transcript:

ELI WHITNEY THE COTTON GIN

THE COTTON GIN (GINNINING) = CLEANING HOW IT WORKS? NOW (1794) ONE WORKER PRODUCES 1 POUND PER DAY WITH THIS YOU WILL DO AS MUCH AS 50 POUNDS!

WHAT DOES THIS MEAN FOR FUTURE GROWTH? THOUSAND BALES OF COTTON – WITH THE GIN BY 1850 WE PROJECT 2 MILLION BALES RESULT = COTTON FARMS GROW AND EXPAND MAKING HUGE PROFIT COULD EVEN REPLACE TOBACCO AS CHIEF CROP! COTTON WILL BECOME “KING”

MARKET GROWTH MASSIVE IN THE SOUTH CONTINUE TO EXPAND IN SOUTHWEST

COST? ONE SLAVE =$400 ($12,000 TODAY) PRODUCES 1 POUND A DAY COTTON GIN PRODUCES WHAT 50 WORKERS WOULD DO SUGGESTED PRICE $800 = $24,000 TODAY WRAP UP VIDEO

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