INDUSTRIAL REVOLUTION

Early Beginnings

• Originally started in Great Britain (18th Century)
• Inventors generated power from streams
• Also used power from coal supplies
• British Merchants were first to build factories

REVOLUTION IN AMERICA

• Factories became new centers of Industry
• Mass Production
• Social and economic reorganization
• Large - scale factory production developed

Wealth in America

• North and South began working together
• Became self- sufficient
• No longer depended on foreign trade
• Increased American production

Northern Advances

• 1813- three Bostonians revolutionize Textile
• Mechanize all stages of maufacturing cloth
• Francis Cabot Lowell, Nathan Appleton, Patrick Jackson
• Northern Manufacturing increased dramatically
• More people had access to cheaper clothes

Southern ADvances

• Cotton Gin
• Increased cotton production
• Heavy agriculture influence
• There were now 2 distinct economical areas
• America was split Gathering/ Production

Northern Agriculture

• Only grew what families needed
• Sparese land due to rocky soil
• Farmers would grow 1 cash crop, and sell it
• They would then buy whatever they needed from market
• Farms were typically small and no slaves were needed

Southern Agriculture

• South had sprawling plantations
• Specialized in one crop, sell for huge profits
• Large need for slavery
• South produced raw materials for North
• Exported rest of product to rest of world

Cotton In America

• Contton Gin allowed much more cotton
• Cotton production went from 3k barrels a year to 178k
• This was in the short span of 20 years
• Slavery also went from 700k to 1,200k in the South alone
• South became very rich due to the exports

Uniting The New AMerica

• Madion's plan hoped to unify the nation
• 1. Develop transportation systems and internal improvements
• 2. Establish a protective tariff
• Resurrect the National Bank
• Henry Clay began promoting it as "The American System"

The American Plan

• North would manufacture goods that the South would Buy
• Agricultureal South and West would produce grain, meat, and cotton
• The North would purchase these goods
• A nationally accepted currency would be established
• More trade routes, roads, canals, and sea travel would increase trade

Internal Improvements

• Projects Federal Government thought was needed
• Example include National Road and the Erie Canal
• National rRaod connected Maryland to Illinois
• Erie Canal was built to connect the Great Lakes to Atlantic Ocean

Protective Tariffs

• Tariffss on imports would get rid of Foreign Advantage
• Foreign goods had advancements in manufacturing
• People in the North agreed on this tariff to stabilize trade
• The South disagreed with this new tariff
• Both agreed on the making of a new National Bank

Election of 1816

• James Madison of Virginia was re-elected