Economic Change, the Market Revolution, and Early Industrial Capitalism

These flashcards cover key vocabulary and concepts from the lecture on economic change, the market revolution, and early industrial capitalism.

Lowell idea

A vision of republican industrialization centered around the factory system in Lowell, Massachusetts.

Market Revolution

A period of rapid economic change in the United States characterized by the expansion of markets and industrialization.

Republican virtue

The belief in the necessity of virtuous citizenry for the health of a republic.

Wage labor

A system where individuals sell their labor for wages, rather than owning the means of production.

Erie Canal

A significant infrastructure project completed in 1825 that facilitated economic development by connecting New York City to the Great Lakes.

Industrialization

The process of developing industries in a country or region on a wide scale, particularly during the early 19th century in the U.S.

Francis Cabot Lowell

An American businessman who was instrumental in the establishment of the factory system in Lowell, Massachusetts.

Lowell Female Labor Reform Association

An organization formed by mill workers in Lowell in the 1840s advocating for better working conditions.

Mechanization

The process of using machinery to increase production efficiency, particularly in the textile industry during the Industrial Revolution.

Civic duty

The responsibilities of a citizen to engage in their community and contribute to the common good.

American feminism

The movement advocating for women's rights and equality that began to emerge in the mid-19th century.

Immigration and economic change

The impact of immigrant populations on the workforce and economic landscape during the 19th century.

Labor organization

The formation of groups aimed at advocating for workers' rights and interests, including initiatives for improved working conditions and fair wages.

Republican working class

A concept focusing on the ideals and expectations of workers who identify with republican values in the context of economic participation.

Ten-hour workday

A movement initiated in the 19th century advocating for limiting the workday to ten hours.