US Population 1800- 5.3 Million
1860-31.4 Million
Growth!
502803568 | Reasons why the Economy grew (3) | Spread of agriculture, Rise of a Market Economy, Cash Crop System | |
502803569 | Main events in 1800-1860 (3) | Economic Growth, Improved Transportation, Mechanization of production | |
502803570 | Who started the "American System"? | Henry Clay | |
502803571 | What is the "American System"? | The Federal government is important to provide tarrifs and to help maintain balance. | |
502803572 | Examples of the "American System" | Louisiana Purchase, Exploration, Land Sales, RR's, Canals, road construction, Post Office, Agricultural seed collection and distribution, Technology, Corporations | |
502803573 | Define Corporation | Groups of people who act as a single legal person | |
502803574 | Erie Canal (1825) | Cuts time of transporting good by 95%. Takes products straight to New York. Canals are mainly in the north | |
502803575 | Steam Locomotive (1830) | Connects the Midwest and North. Seals the power and wealth. Key factor once the Civil War happens. | |
502803576 | Clipper and Steam Ships | Cutting the transportation time in half. More reliable and cost effective (shipping) | |
502803577 | Telegraph (1848) | Quickly allows companies to communicate more effectivly. | |
502803578 | What is a key factor in making Industries more effective? | Water Mills (Water Power) New England becomes the center. Brought Power Machinery. New working class | |
502803579 | Agricultural Implements | Creation of machines to help work the land. Chicago was big for this. | |
502803580 | What does the South invest in? | Slaves, Cotton, Cigerettes, Tabaco | |
502803581 | Other factors that cause a growth in the North (3) | Western Settlement (Texas, Organ, Utah), California Gold Rush, Fur Trade |