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Market Revolution Definition and Causes
Imagine a time before technology or currency
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EQ: Was the overall impact of the market revolution positive or negative?
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Before Market Revolution: 1600s-1700s
Small farms; production for family Soap, milk, food, clothes, etc. all made at home (mostly women) For missing goods, people bartered: a bag of apples for three bars of soap Almost no selling to others; not much use for money
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What is the Market Revolution?
Market = people buying goods (not just a building) Ex. “the teenage market” = big $$ Market Revolution = expansion of market Less bartering Commercialization: producing to sell for profit; use of CASH
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Causes-Why the Market Revolution? Why then?
Transportation Revolution: access to cities (a market) easier/cheaper = encourages profit (commercial) farms Use of Machines (need loan, produce more for profit) Commercialization: farmers traveling west need loans for land = cash market; produce for market to pay loans
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Assignment You will examine 8 Documents as a group.
Guiding Question: Was the overall impact of the market revolution positive or negative?
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DBQ Practice-Market Revolution
Question- To what extent did the Market Revolution have a positive impact on the United States in the early 19th century? On a separate sheet of paper, write: 1. Thesis sentence (with thesis/categories of evidence) 2. Body paragraph (one of the categories of evidence you chose) Use at least 2 documents in your paragraph as evidence Include ONE of the following in your analysis of each paragraph Historical Context Intended Audience Point of View Purpose
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