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Published byShon Stokes Modified over 8 years ago
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Write down everything that you remember from your cheat sheet you made yesterday From memory- what is the Industrial Revolution?
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Regional Economies Create Differences
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Factories become new center of industry Mass-production - production of goods in large quantities Industrial Revolution - social and economic reorganization that took place as machines replaced hand tools and large-scale factory production
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18 th c. First textile factories/ labor saving machines Prosperous = build more factories
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From farming/trade(GB, Europe, West Indies) To Industry & Manufacturing
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1.) Thomas Jefferson’s Embargo Act of 1807 Prohibited Americans from shipping goods to Europe 2.) War of 1812 British navy blockaded US coastline
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Ppl depended heavily on shipping & foreign trade Mainly women worked in factories
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NORTHSOUTH Mainly Industry & Markets Smaller farms Slavery dying out Mainly Agriculture Cotton Gin - makes cotton King in South Very profitable Expanded Slavery
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1820’s slavery expands b/c of cotton’s value 1790-1820 700,000 to 1,200,000 (slaves)
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Madison wants to unite the country and create a strong, stable economy..make the US self- sufficient 1.) develop transportation systems & make internal improvements 2.) Establish protective tariff 3.) Resurrect the national bank * North and South use each other..an exchange of goods*..US can be free of dependence from other countries!
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1.)Turnpikes 2.)National Road – from MD to IL 3.)Erie Canal- linked Hudson River to Lake Erie
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Tariff of 1816 (tax) on imported goods encouraged ppl to buy American made goods & would help pay for roads, canals, lighthouses Bank of US - make a national currency “Era of Good Feelings”
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