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The Market Revolution & Growing Industry in America
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What was the Market Revolution
What was the Market Revolution? Development of how goods were processed and made… Also, an improvement in how labor was organized
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Effects of the War of At the end of the War, Americans began to realize their need for easier mobility across the nation This will lead to an increased number of roads, canals, and eventually railways
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INFRASTRUCTURE
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Also saw an increase in domestic manufacturing This meant that the US was moving away from being so heavily dependent on importing foreign products
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New Inventions!
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Interchangeable Parts
Inventor: Eli Whitney Year: 1801 Whitney first used this concept to create a musket with interchangeable parts Parts were no longer specialized for particular gun (in Whitney’s case) but instead all similar parts fits that model of gun This was later expanded to fit a variety of goods
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FARMING & AGRICULTURE
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Cotton Gin Inventor: Eli Whitney Year: 1794
Need for cotton by factories in the North A worker could produce fifty times more cotton fiber Increase of slave labor “Cotton Kingdom:” owners of large plantations
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“WHITE GOLD”
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“COTTON IS KING”
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Sewing Machine Inventor: Elias Howe Year: 1846
Made producing clothing efficient Made cloths less expensive so even the lower and middle classes could dress like the wealthier Americans Ties back to cotton
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Metal Plow Inventor: John Deere Year: 1837 Blacksmith
Tough plains soil could not be plowed by cast iron plow Assisted farmers greatly
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Mechanical Reaper Inventor: Cyrus McCormick Year: 1831
Cut wheat many times faster than a human worker could Enabled farmers to cultivate more land with fewer workers Great for the prairies of the Midwest
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Transportation and Communication
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Steamboat Builder: Robert Fulton Year: 1807
First practical steamboat was called the Clermont Made traveling on river easier and faster Canals Used for trade and the moving of raw materials First oceangoing steamship wouldn’t be produced until 1850 in Great Britain
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Erie Canal Chief Engineer: Benjamin Wright NY Gov. DeWitt Clinton
Year: Over 300 miles long 50,000 men → dug by hand Cost: $100 M today Upstate New York Connected the Great Lakes with the Atlantic Ocean
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Telegraph Inventor: Samuel Morse Year: 1844 Revolutionized
communication Morse Code Factories in the East could now communicate with markets in the West
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On March 24, 1844, the first message – “What hath God wrought
On March 24, 1844, the first message – “What hath God wrought?” – was sent. In 1856, the Western Union Company was formed, and by 1866, a transatlantic telegraph cable had been laid between America and Europe.
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Transatlantic Cable Builder: Cyrus Fields and
Atlantic Telegraph Company Allowed for telegraphs to be sent from the US to Europe
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Most telegraph wire is in the NORTH
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The NORTH is more INDUSTRIAL The SOUTH is more AGRICULTURAL
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Riding the Train…
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The Baltimore & Ohio (B&O) line’s Tom Thumb was the first train in the U.S. By the end of 1830, the B&O had carried 80,000 passengers along a 13-mile track.
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By 1840, 409 railroads had laid 3,300 miles of track By 1860, America had close to 30,000 miles of rail
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Most the railroad track is in the NORTH
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Trains had an enormous impact: 1) demand for labor to build tracks encouraged immigration 2) demand for capital to finance the lines attracted foreign investment 3) The ability to transport large amounts of goods and agricultural products opened new markets and linked old ones 4) Communications improved vastly 5) Going from here to there got a whole lot easier!
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