Frederick Douglass
Guest6666
marketeconomy.pptThe Economic Transformation of the United States Economy
Describe the sectional difference and features and the nature of our dual economy?
Market Revolution
- Features: Mercantilism v. Free Enterprise
- Agrarianism or Manufacturing
- Role of the National Government
- The Ideology
- Business Cylces
- Laissez Faire and Buzzwords
- Federalists and Republicrats
An Historical Overview
- Colonial Setting Redux
- Farmers and Merchants
- Putting Out System: Hide/Tallow Example
- Cottage Industries
- Free Trade and Neutrality
- The Factory System
- Two Views: Jefferson v. Hamilton
Legal Precedents and Capitalism
- Marshall Court
- Dartmouth Case and Contracts
- National Bank Charter
- McCulloch v Maryland
- Gibbons v Ogden
- Congress and American System
Role of Technology
- Patents,Innovations & Yankee Ingenuity
- Protestant Work Ethic
- Textiles Industry as Catalyst
- Interchangeable parts, ass’bly line, and mass production: Ford and Auto
- Sources of energy for industry
- The Inventors and Inventions
Transportation and Infrastructure
- Waterways and Land routes
- Tariff Policy and Capital Improvements
- The National Road Project
- Canals: Erie, Great Lakes and NE
- Railroads: North and South
- Foreign Trade and Shipping
The Industrial Revolution
- What does this mean then and now?
- Textiles, Slater Mill & Family System
- Waltham System and Factories
- Costs of Business
- Role of Westward Migration
- Jefferson’s Embargo and its Impact
The Urban Setting: Sign of Times and Industrial Transformation
- Natural Increases and migration
- Demand for goods and consumerism
- Trades, Crafts and Industry
- Rising Middle Class
- Demand for cheap labor
- Role of Immigration: Consider the Irish Potato Famine & Revolutions in Europe
The Labor Movement
- What are the conditions facing workers?
- Wage Slavery?
- Rising Problem of Poverty
- Women in Textiles
- Bread and Butter Issues
- Social Problems
