Industrial Revolution and Economy

Free Market System
Minimal government interference (laissez faire) encouraged individual new business, trade and competition.
Transportation Revolution
New roads, canals, railroads, and inventions
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.
1837, Samuel Morse, Communication quickly spread through US
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.