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Market Revolution.

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Presentation on theme: "Market Revolution."— Presentation transcript:

1 Market Revolution

2 Move towards industry Away from agrarian ideal
More toward building on mass scale

3 US Market Expands Economy grew exponentially Free enterprise
entrepreneurs

4 Invention and Improvements
Transformation of manufacturing New transportation communication

5 Invention and Improvements
Samuel Morse creates the Telegraph 23,000 miles of telegraph wire

6 Invention and Improvements
Steam boat Canals: 3,300 miles by 1840 Erie Canal Railroad: 9,000 miles by 1850

7

8

9 Transforming a nation 14% of Americans worked in manufacturing
Better, cheaper goods Midwest settled and farmed John Deere steel plow

10 Government Help General incorporation law
2 court cases struck down monopolies Encourage competition Helped with roads, canals, bonds to back railroad

11 Changing workplace Production in factories Created new communities
Most along waterways Created new communities Changed employee, employer relations

12 Lowell Textile Mills Lowell, Massachusetts Booming enterprise
Female labor, in order to pay less Conditions worsened

13 Seeking better conditions
Strikes 15% wage cut, Lowell Strike Criticized by press and clergy Replace unskilled workers easily

14 Immigration increase 3 million in 9 years 1 million were Irish
Prejudices faced

15 National Trade Union Trade unions in towns joined
Journeymen's organizations National Trade Union Commonwealth v. Hunt


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