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Industrial Revolution
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What you need to know Eli Whitney – 2 major inventions How Industrial Revolution changed life NE shift to manufacturing How cotton gin changed south American Plan Canals & roads 2 nd Bank of the US Era of Good Feeling
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The Industrial Revolution Period of change in history when: –Machines replaced hand tools for manufacturing –Factories grew in size & efficiency –Society began move from rural to urban
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Interchangeable Parts Invented by Eli Whitney Allow for consistency –Goods manufactured exactly alike Factories could manufacture more –Quicker & easier to build
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Interchangeable Parts Replace part, not entire product People accumulate wealth –Don’t have to throw things away; can fix them easily
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The Factory System Power-driven machines –Early – water & steam power –Later – electricity Division of labor –People do simple tasks quickly –Assembly line
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The Factory System Started in British textile industry in Manchester Factories grow, people move from farms to cities to find jobs
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America industrializes Embargo of 1807 / War of 1812 –Both stopped international trade –US couldn’t buy foreign goods –Changed from exporting raw materials to manufacturing
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Northeastern Economy Mostly shipping & importing Badly hit by embargo & war 1 st factories in US were in NE –British-style textile mills
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Northeastern Economy Agriculture was not as important to NE economy Couldn’t grow cash crops –Mostly subsistence farmers No demand for slaves –By 1804 most NE states abolished
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Northeastern Economy Many moved to NE cities for work Invested big $ in factories –Investing $ in agriculture was a waste of time
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Northwestern Economy Land better for farming Grew a couple of cash crops or livestock plus food for family –Corn, wheat, cattle
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Northwestern Economy Sold crops in city markets to non-farmers No need for slaves –Didn’t require much labor –No huge profits
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Southern Economy Farmers in 1700s grew mostly long-staple cotton –Expensive & difficult to grow Only grows along warm coastline –Easy to “clean” – remove seed –Expensive selling price – luxury item
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Long-staple cotton
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Southern Economy Few grew short-staple cotton –Cheap & easy to grow Grows anywhere it’s warm –Hard to clean – fibers are tighter Too expensive to process by hand –Not as fancy – cheaper price
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Short-staple cotton
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The Cotton Gin Eli Whitney invented – 1793 –Easier to cultivate short-staple –Feasible to grow all over south –Cheaper product – must grow lots to make money
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Southern Economy Poor farmers could buy cheap land in new western states Set up new plantations for cheap short-staple cotton More and more slaves needed
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Southern Economy King Cotton –S becomes dependent on cotton –Rely on exporting to NE & Britain –No need to industrialize
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American System 3-pt plan for US to grow & unify –Transportation improvements Roads, canals, harbors –Protective tariff Help US businesses compete –Bring back Bank of the US Stabilize & nationalize economy
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Henry Clay Speaker of the House from KY Wanted help for new states to develop
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American System Better transportation helps goods get from S/W to NE Makes everyone better off Economic freedom from Europe
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Transportation improvements Roads –Built by states all over –Paid for mostly by tolls –National Road – from MD to IL
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Transportation improvements Canals –Erie Canal connected Great Lakes to Atlantic Ocean –Took 8 years to build –Made New York City most important port in US
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Tariff of 1816 After War ended Britain flooded US market with cheap goods –US companies couldn’t compete Raised British prices – equalized to US prices
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Tariff of 1816 Money made from tariff paid for internal improvements S & W weren’t happy –Weren’t manufacturing anyway –Raised prices for US exports (cotton)
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2nd Bank of the US Supported by people nationwide Common currency – business easier across regions
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“Era of Good Feeling” James Monroe elected President in 1816 Most Americans happy with gov
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What you need to know Eli Whitney – 2 major inventions How Industrial Revolution changed life NE shift to manufacturing How cotton gin changed south American Plan Canals & roads 2 nd Bank of the US Era of Good Feeling
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