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Industrial Revolution. 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. The 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 • 2nd Bank of the US • Era of Good Feeling
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
Interchangeable Parts • Invented by Eli Whitney • Allow for consistency • Goods manufactured exactly alike • Factories could manufacture more • Quicker & easier to build
Interchangeable Parts • Replace part, not entire product • People accumulate wealth • Don’t have to throw things away; can fix them easily
The Factory System • Power-driven machines • Early – water & steam power • Later – electricity • Division of labor • People do simple tasks quickly • Assembly line
The Factory System • Started in British textile industry in Manchester • Factories grow, people move from farms to cities to find jobs
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
Northeastern Economy • Mostly shipping & importing • Badly hit by embargo & war • 1st factories in US were in NE • British-style textile mills
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
Northeastern Economy • Many moved to NE cities for work • Invested big $ in factories • Investing $ in agriculture was a waste of time
Northwestern Economy • Land better for farming • Grew a couple of cash crops or livestock plus food for family • Corn, wheat, cattle
Northwestern Economy • Sold crops in city markets to non-farmers • No need for slaves • Didn’t require much labor • No huge profits
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
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
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
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
Southern Economy • King Cotton • S becomes dependent on cotton • Rely on exporting to NE & Britain • No need to industrialize
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
Henry Clay • Speaker of the House from KY • Wanted help for new states to develop
American System • Better transportation helps goods get from S/W to NE • Makes everyone better off • Economic freedom from Europe
Transportation improvements • Roads • Built by states all over • Paid for mostly by tolls • National Road – from MD to IL
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
Tariff of 1816 • After War ended Britain flooded US market with cheap goods • US companies couldn’t compete • RaisedBritish prices – equalized to US prices
Tariff of 1816 • Money made from tariff paid for internal improvements • S & W weren’t happy • Weren’t manufacturing anyway • Raisedprices for US exports (cotton)
2nd Bank of the US • Supported by people nationwide • Common currency – business easier across regions
“Era of Good Feeling” • James Monroe elected President in 1816 • Most Americans happy with gov
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 • 2nd Bank of the US • Era of Good Feeling