7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small...
-
Upload
louisa-phelps -
Category
Documents
-
view
214 -
download
0
Transcript of 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small...
![Page 1: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/1.jpg)
7:1 Regional Economies
![Page 2: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/2.jpg)
Northern Economy
• Agriculture– Cash crops-grains,
livestock– Small farms– Little use of slave labor
• Manufacturing– textiles
• Trade
![Page 3: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/3.jpg)
Eli Whitney
• U.S. inventor• Demonstrated
interchangeable parts
![Page 4: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/4.jpg)
Interchangeable Parts
• Only have to replace the broken part
• Allows for rise of machine age• Unskilled workers replace artisans
![Page 5: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/5.jpg)
Industrial Revolution early 1800s
• Unskilled workers operate power driven machines
• Efficiency cuts costs
![Page 6: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/6.jpg)
Market Economy/Revolution
• market economy is an economy based on the division of labor in which the prices of goods and services are determined in a free price system set by supply and demand.[1]
![Page 7: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/7.jpg)
Southern Economy
• Agriculture– Cash crops-cotton/tobacco– Mostly small farmers– Plantation owners-dependent on slave labor
![Page 8: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/8.jpg)
1793 Cotton Gin
• Removes cotton seeds from the fiber• Reduced cost to process cotton/raised profits• Increased the need for unskilled slave labor
![Page 9: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/9.jpg)
American System/Plan
• Speaker of the House-Henry Clay
• Unify the nation economically– Tariff of 1816– 2nd National Bank– Transportation
![Page 10: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/10.jpg)
Tariff of 1816
• Protective tariff• Use $$ for internal improvements-infrastructure• Good for Northeast/Bad for the south+west
![Page 11: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/11.jpg)
2nd National Bank 1816
• Stabilize nation’s currency
![Page 12: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/12.jpg)
Improve National Infrastructure
•National Road•Turnpikes•Canals
![Page 13: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/13.jpg)
1825 Erie CanalThe Big Ditch
• Connects Great Lakes with Hudson River• Efficient Trade!• Solidified NYC as the financial capital of the U.S.
![Page 14: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/14.jpg)
Rise of NYC
• 1835 most populous city• Center of commerce: bankers, merchants,
artisans• Linked Europe with American Interior
![Page 15: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/15.jpg)
The Steamboat
• Travel any direction on rivers-Efficient Trade!• Robert Fulton-The Clermont
![Page 16: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/16.jpg)
James Monroe“Era of Good Feelings”
![Page 17: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/17.jpg)
7:2 Nationalism at Center Stage
![Page 18: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/18.jpg)
Westward Expansion
• U.S. doubled• 16-33 states• Motivation– Desire to own their own land– Discover gold/resources– Manifest destiny
![Page 19: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/19.jpg)
Manifest Destiny
• Manifest- “obvious” Destiny- “fate”• “sea to shining sea”
![Page 20: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/20.jpg)
American Nationalism
• U.S. superior to other nations– Democracy, religion, language, ancestry, culture
• Duty to expand this superiority to the West Coast
![Page 21: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/21.jpg)
Missouri Compromise
• MO applies for statehood-slave state• Upsets balance in Senate• Missouri-slave Maine-free• 36° 30° parallel• Settled slavery debate for the LA Territory
![Page 22: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/22.jpg)
John Quincy Adams
• Secretary of State under Monroe• Established foreign policy guided by
Nationalism
![Page 23: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/23.jpg)
U.S. Foreign Affairs1823 Monroe Doctrine
Hey Europe: Stay out of the Western Hemisphere!
![Page 24: 7:1 Regional Economies. Northern Economy Agriculture – Cash crops-grains, livestock – Small farms – Little use of slave labor Manufacturing – textiles.](https://reader035.fdocuments.us/reader035/viewer/2022062518/5697bf761a28abf838c80f5f/html5/thumbnails/24.jpg)
• Spain ceded FL to the U.S. and gave up claims on Oregon Territory.