Market Revolution Notes

These flashcards cover key concepts from the lecture notes on the Market Revolution, focusing on economic changes, sectionalism, and technological advancements.

Market Revolution (1st Industrial Revolution)

A major economic development from 1800-1850 characterized by advancements in communication, transportation, and production.

Sectionalism

Loyalty to one's region, leading to increased tension and division between northern and southern states in the 1800s.

Tariff of 1816

The first protectionist tariff in US history, aimed at raising revenue and protecting American industries from British goods.

Henry Clay’s American System

A three-part plan including the Tariff of 1816, rechartering the Bank of the United States, and making internal improvements to link regions through roads and canals.

Communication Advancements

Included inventions like Morse Code and Telegraph, improving long-distance communication.

Transportation Advancements

Inventions such as gravel paved roads, steamboats, and canals that improved movement of goods and people.

Economic Changes in the North

Pro-tariff region that specialized in manufacturing and used immigrant labor.

Economic Changes in the South

Anti-tariff region that heavily relied on enslaved labor and specialized in agriculture, especially cotton.

Economic Changes in the West

Region focused on growing crops like corn and wheat, relying on immigrant labor, and benefiting from new agricultural equipment.

Erie Canal

A man-made waterway that connected rivers and lakes to ports, facilitating transportation.

John Deere’s Steel Plow

An efficient piece of farm equipment that aided agricultural production in the South and West.

McCormick’s Mechanical Reaper

A significant agricultural innovation that increased farming efficiency in the West.

Interchangeable Parts

Standardized parts used in manufacturing that improved efficiency in production and equipment repair.