Industrial Revolution and Economy

11 terms by meridithbrown

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Free Market System

Minimal government interference (laissez faire) encouraged individual new business, trade and competition.

Transportation Revolution

New roads, canals, railroads, and inventions

Industrialization

use of machines to make goods, often using water and steam power.

Industrial Revolution

Began in England, Samuel Slater memorized plans for a factory and brought Industrial Revolution in America.

Plantation Economy

Cotton gin increased the demand for slaves in the South. Cotton became the main crop for the South- King Cotton.

Robert Fulton

Created the Steamboat in 1807, sped river travel and made it easier to get products from the West to markets in the East.

Cotton Gin

Quickly removes seeds from cotton. Increased demand for slaves. by Eli Whitney

Interchangeable Parts

1801, Eli Whitney, Made production of goods faster, cheaper - led to assembly lines.

Telegraph

1837, Samuel Morse, Communication quickly spread through US

Reaper

1847, Cyrus McCormick, Mechanical reaper mowed grains.

Effects of Industrial Revolution

More urbanization in the North, increased number of factory workers- women and children worked for low wages, increase in Immigration- mostly German and Irish.

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