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The Changing AMERICAN ECONOMY

Farhat Khairzadah , Brendon Tabofunda, <br>Joshua Dural, Christian Allamby, Ekam Singh, Deanica Viacrusis<br>

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The Changing AMERICAN ECONOMY

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  1. The Changing American Economy Farhat Khairzadah , Brendon Tabofunda, Joshua Dural, Christian Allamby, Ekam Singh, Deanica Viacrusis

  2. The American System • Henry Clay • Three Parts in his system • Tariff to protect and promote American industry • National Bank for commerce • Federal Subsidies for ‘internal improvements’ to develop profitable markets for agriculture • Said was a great success • Tariff • Taxes on imports and exports • Support for high tariffs • What was it? • A plan to strengthen and unify the nation • New form of federalism

  3. The Transportation Revolution Produced the rapid growth of towns and cities. • Erie Canal • Reached out 363 miles along the Hudson River • Made it possible to ship wheat, meat, and other products from interior to urban centers of the East • Water was one of the best transportation methods available • Baltimore and Ohio Railroad • One of the oldest and largest railroads • Carried steel, coal, and other products

  4. Economic Change in the Northeast • Samuel Slater • First mill in US • Sped up the cotton tread • “Rhode Island System” • Hired families within the area • Eli Whitney and Interchangeable Parts • First to use interchangeable parts • Machinery was made more fixable

  5. Economic Change in the Mid-West • Cyrus McCormick • Father of modern agriculture • Creator of mechanical reaper • Ended long hours of field work • Less workers needed • Indian Removal • Natives move west • US people gain more land • More land to farm on • Better economy

  6. Economic Change in the South • Cotton Kingdom • Cotton plantations from • South Carolina to Alabama • Mississippi to Texas • Enough cotton to sell outside of the US • Slave Trade • Cotton plantation = work • The slaves were traded into the US to work in the fields

  7. Works Citation • http://www.senate.gov/artandhistory/history/common/generic/Speeches_ClayAmericanSystem.htm • http://www.u-s-history.com/pages/h278.html • http://www.plantcitymarket.com/uploads/1/4/9/9/14991428/5377446_orig.png • http://transportationrevolutionproject.weebly.com/uploads/1/9/0/7/19070127/3262104_orig.jpg • http://transportationrevolutionproject.weebly.com/uploads/1/9/0/7/19070127/8798969.jpg • https://upload.wikimedia.org/wikipedia/commons/thumb/5/5f/Cotton_gin_harpers.jpg/790px-Cotton_gin_harpers.jpg • http://www.begbiecontestsociety.org/300%201888fattened300.jpg • https://socialchangecourse.files.wordpress.com/2014/10/img593gunparts.gif

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