Rise of Industry

1. Rise of Industry

2. Rise of Industry • 1) Economic Development in the North: Northern economy prospered by the Civil War • A) Industries created by the war • Transportation • Energy • Communications • Need for more workers labor (to produce)

3. Rise of Industry • B) Effect on Northern farming: Many farmers became bankrupt or were bought out. • Farms now forced to become bigger. • Now fewer farmers could produce more • C) The north was industrializing again

4. Rise of Industry • 2) Economic developments in the South: Southern economy was devastated by the Civil War. • A) Changes created by the war • Slavery was over, this killed cheap labor • Plantations were restructured • Railroads were being built

5. Rise of Industry • B) Tenant Farming: Farming someone else’s land, not for $ but for food. • Farms stayed big but a landowner was in charge • C) The New South: Some southern leaders were pushing for industry. • Railroads built, oil drilled, coal/iron mined, steam power produced.

6. Rise of Industry • 3)Railroads and Industrialization: Sparked a rise on industry in all of U.S. • A) more and more north/south RR were being built • B) Southern RR were being rebuilt

7. Rise of Industry • C) Effects of RR construction: • Iron and steel mills grew • Cotton/tobacco/iron production increased • Coal mining increased • Northern investment increased • Railroads were profitable once built