1. How Capitalism developed in America

2. Free Trade
This is the meaning of “capitalism”, different from “mercantilism “ and “communism”
Based on ideas in “Wealth of Nations” by Adam Smith

3. Protective Tariffs Favored by people in the North
Helped Businesses to grow

4. Transportation Systems
Erie Canal – connected New York with the Great Lakes
Rail Roads – Transcontinental connected east and west coast, San Francisco becomes Banking Center
Cumberland Road – Appalachia with the rest of America
Steam Boats – Mississippi River

5. National Bank Favored by Federalists
Dismantled by Jackson and the Democrats

6. Free Trade