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Chapter 10- America's Economic Revolution Flashcards

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939544422Mercantile economyType of economy that dominated in cities and was based largely on overseas trade
939544423Agrarian EconomyType of economy that dominated much of the nation by the 1810's and was based on farming
939544424Market economyA national and international type of economy that even most farmers were a part of
939544425Free laborAn idea held in the North in constrast to the idea of slavery which dominated in the South
939544426Factory systemSystem that marked the beginning of the Industrial revolution and it brought all the elements of manufacturing under one roof
939544427Eerie CanalIts construction began in 1817 and ended in 1825 providing a route through the Great Lakes, giving direct access to the West
939544428NativismBelieve that grew in native-born Americans as more and more foreign-born immigrants came into the country.Many believed they were inferior overlooking their European heritage
939544429Native American PartyNativists that held a convention and created this party in Philadelphia in 1845
939544430Federal land grantsThe way railroads gained substantial assistance from the federal government in the form of land
939544431Samuel F. B. MorseSucceeded in transmitting a telegrpah from Baltimore to Washington
939544432Horace Greeley's TribuneA major metropolitan newspaper in New York that gave serious attention to national and international events
939544433CorporationsObtained a charter by a special act of state legislature and combined the resources of many shareholders
939544434Merchant capitalistsEntrepreneurs who were engaged primarily in foreign and domestic trade and who at times invested some of their profits in small-scale manufacturing ventures
939544435Skilled artisansIndependent craft workers who owned and managed their own shops as small businessmen that were not likely to flock to factory jobs
939544436Unskilled workersWorkers who got factory jobs but were not numerous enough in the 1820-30's to form a reservoir from which the new industries could draw
939544437Supreme Order of the Star-Spangled BannerFormed when several Nativists groups combined in the 1850 and demanded banning the foreign-born from holding office
939544438"Know Nothings"A nativist movement whose members used secret passwords such as "I know nothing"
939544439American PartyPolitical organization that was created after the election of 1852 by the Know-Nothings
939544440Turnpike EraTime during 1790s to 1820s where most Americans relied on roads for internal transportation
939544441SteamboatsVastly improved internal transportation by water in 1820s because it made traveling upsteam much quicker
939544442DeWitt ClintonBecame the governor of New York and advocated the construction of the Eerie Canal
939544443Hudson RiverRiver in New York and after the completion of the Eerie canal, it was connected to the Great Lakes
939544444Baltimore and OhioFirst company to begin actual operations of te railroads and opened 13 miles of track in 1830
939544445Interstate highwaysA network of roads that went through and connected US cities

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