Chapter 10- America's Economic Revolution Flashcards

939544422	Mercantile economy	Type of economy that dominated in cities and was based largely on overseas trade
939544423	Agrarian Economy	Type of economy that dominated much of the nation by the 1810's and was based on farming
939544424	Market economy	A national and international type of economy that even most farmers were a part of
939544425	Free labor	An idea held in the North in constrast to the idea of slavery which dominated in the South
939544426	Factory system	System that marked the beginning of the Industrial revolution and it brought all the elements of manufacturing under one roof
939544427	Eerie Canal	Its construction began in 1817 and ended in 1825 providing a route through the Great Lakes, giving direct access to the West
939544428	Nativism	Believe 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
939544429	Native American Party	Nativists that held a convention and created this party in Philadelphia in 1845
939544430	Federal land grants	The way railroads gained substantial assistance from the federal government in the form of land
939544431	Samuel F. B. Morse	Succeeded in transmitting a telegrpah from Baltimore to Washington
939544432	Horace Greeley's Tribune	A major metropolitan newspaper in New York that gave serious attention to national and international events
939544433	Corporations	Obtained a charter by a special act of state legislature and combined the resources of many shareholders
939544434	Merchant capitalists	Entrepreneurs who were engaged primarily in foreign and domestic trade and who at times invested some of their profits in small-scale manufacturing ventures
939544435	Skilled artisans	Independent craft workers who owned and managed their own shops as small businessmen that were not likely to flock to factory jobs
939544436	Unskilled workers	Workers 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
939544437	Supreme Order of the Star-Spangled Banner	Formed 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"
939544439	American Party	Political organization that was created after the election of 1852 by the Know-Nothings
939544440	Turnpike Era	Time during 1790s to 1820s where most Americans relied on roads for internal transportation
939544441	Steamboats	Vastly improved internal transportation by water in 1820s because it made traveling upsteam much quicker
939544442	DeWitt Clinton	Became the governor of New York and advocated the construction of the Eerie Canal
939544443	Hudson River	River in New York and after the completion of the Eerie canal, it was connected to the Great Lakes
939544444	Baltimore and Ohio	First company to begin actual operations of te railroads and opened 13 miles of track in 1830
939544445	Interstate highways	A network of roads that went through and connected US cities