1. Understanding the Market Revolution
Unit 4 Notes (Text Support: Ch9 Sec1 – The Americans)

2. OBJECTIVE: Create a visual aid for your notes
SLIDE 2
Life BEFORE Market Revolution
SLIDE 1
Market Revolution
Identifying what it is
SLIDE 3
Life AFTER Market Revolution
SLIDE 4
Long-Term BENEFITS of Market Revolution
SLIDE 5
Long-Term NEGATIVES of Market Revolution

3. Summary of the Market Revolution
Late 1700’s-Early 1800’s
Revolution is CHANGE!
Changes in the marketplace and the way people do business
Marks the beginnings of the Industrial Revolution

4. Life BEFORE the Market Revolution
Local resources & raw materials
Most products made locally (farms, village craftsmen)
Most people lived entire lives on farms/villages

5. Life AFTER the Market Revolution
Trade increases access to resources/raw materials & new ideas
Entrepreneurs invent & innovate new technologies
Urbanization means people seek jobs in cities

6. Long-Term Benefits Quality of life improves
Cheaper mass-produced goods
Consumer-oriented society

7. Long Term Negative Outcomes
Unskilled laborers replace skilled craftsmen
Lower wages, poor working conditions, pollution
Materialism of culture

8. Extension Activity Q: Are we living amidst a new revolutionary age?
In a chart similar to the one created for the Market Revolution:
a. Identify what revolution we are experiencing, what it is that is changing, and what it means for the world at large
b. Explain what life was like BEFORE these changes
c. Explain the impact of these changes and how life is now different
d. Examine the long-term benefits of these changes
e. Examine the long-terms negative outcomes of these changes