Chapter 8 Section 1 Industrial Revolution- machines over humans and animals Began- Britain- 1700’s- textile- clothing.

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Presentation transcript:

Chapter 8 Section 1 Industrial Revolution- machines over humans and animals Began- Britain- 1700’s- textile- clothing

Chapter 8 Section 1 Mills- stream or water- hydroelectric power Water frame, spinning jenny, power loom Increase in profits Steam engine- James Watts Samuel Slater- Pawtucket, RI- water-powered textile mill Eli Whitney- interchangeable parts- exact standard Cotton gin- seeds- raw cotton Patent- license- government

Chapter 8 Section 1 Export- cotton- booms Depend on land New land Enslaved Africans Road building boomed “Corduroy roads”, plank roads River travel- Robert Fulton- Clermont- “North River Steamboat”- Hudson River Erie Canal- Atlantic Coast- Great Lakes

Chapter 8 Section 1 Railroads- Baltimore to Ohio- B & O Postal service expands Market Revolution- way US manufactures goods NE- manufacturing- use machinery Francis Cabot Lowell- centralized- one facility Free enterprise- capitalism- profit, competition, private ownership- means of production Specialization- one part of the process

Chapter 8 Section 1 New banks open Investment capital- money- business spends- future gain Uncontrolled lending occurs Bank note- paper issued to customers

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