1. Economic Trends
What are the political and social impacts of economic developments?????

2. Manufacturing expanded during war
Bank of No. America then 1st Bank of U.S.
Land Speculation
States charter business corp.
Outwork system grows
What were the political and social impacts of each?
Economy of a New Nation

3. Outwork= Opportu-nity for women

4. Supreme Court guards property Erie Canal Protective Tariffs
: 2nd Bank of US
Supreme Court guards property
Erie Canal
Protective Tariffs
U.S. Textiles compete w/Britain
Manufacturers grow in Midwest
Economic Revolution

5. In what ways did the emerging industrial economy conflict with artisan republicanism?

6. Response to Prompt Common law against unions until
Commonwealth v. Hunt (1842)
prioritize workers’ individual rights and business rights
Producing v. non-producing society=workers as commodity
Mechanization increased supply faster than demand

7. Industrial Revolution & National Economy
Rise of Sharecropping after CW
Railroad expansion
Homesteading and ranching
Vertical Integration
Emergence of managerial work
Economic cycles provoke calls for reform
Industrial Revolution & National Economy

8. Problems with Trusts

9. Erosion of labor rights Isolationist Trade-tariffs Oligopolies
Consumer culture
Radios
Refrigerators
Cars
Stock market bubble
Fragile banking
Boom & Bust
1920s-1930s

10. Military Industrial Complex Increase in real wages Consumption economy
Infrastructure & suburbanization
Gov’t Spending on Great Society then Vietnam
Postwar Boom

11. Political and social impacts
Consumption
Conformity
Sunbelt

12. Economic Developments…
Have political and social impacts.