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3. The Market Revolution

4. Focusing Points…
How has innovation impacted the United States and the Market Revolution?
What was Henry Clay’s American System?
How did the Market Revolution impact the North and the South?

5. What is Industrialization?
Industrialization- Process of developing machine production of goods

6. The Industrial Revolution
Period of greatly increased output of machine-made goods that began in England in the middle 1700’s

7. How has innovation impacted your life?
Innovation leads to change…

8. Knights Charge 11/6
How did Industrialization impact the United States?
How did the North change? How did the south?
What does it mean for a society to become “industrialized”?

9. Market Revolution
The Market Revolution occurred due to industrialization.
North: Industrial, Factories, Wealthy Economies
South: Remained Agricultural
People began to move to cities in search of jobs
Men, women, and children all began working in the factories

12. Technological Changes
Technology led to the advancement of transportation and communication
Transportation: Railroads, Canals, and Steamboats
Communication: Telegraph

13. Technological Changes
Increased economic development as people could trade, travel and communicate easier

14. The Erie Canal
Water route connecting Atlantic Ocean and Great Lakes

17. The Telegraph

18. Samuel Morse

19. Morse Code

20. The American System build more roads and canals
Henry Clay’s plan to:
build more roads and canals
establish a protective tariff
reestablishing a national bank
Goal was to unite the North and South and make the economy stronger.

21. Henry Clay

22. The South
Eli Whitney’s Cotton Gin increased the amount of cotton that could e produced in the south.
It caused an increase in the production of cotton and an increased need for slaves

23. Overall Effects of Market Revolution
The rich become richer while
the poor become poorer.

24. The Market Revolution Rich got richer, poor got poorer
Pros
Cons
Rich got richer, poor got poorer
Overcrowding led to the spread of disease
Workers were underpaid and overworked
Factories were very dangerous to work
Improved the American economy
More Americans had jobs
More Americans had money
Creation of labor unions

25. Take out a sheet of paper and put away your notes…
Answer the following questions in complete sentences…
1. How has innovation impacted the United States and the Market Revolution?
2. What was Henry Clay’s American System?
3. How did the Market Revolution impact the North and the South?