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Market Revolution -1820

What was the Market Revolution?

Instead of making goods at home, such as clothing and furniture, goods are produced within factories. The only reason for goods to be made in the home were to be sold at markets.

1793-1860 →1860-1865 →1876-1900

Market → Civil War → Industrial Revolution

Why?

The cotton gin, created by Eli Whitney, would become the first invention to begin the Market Revolution in the year 1793. Supplied by the South, the North would benefit off of the labor of slaves to produce shirts, and other textiles. Slaves would continue to supply the highly demanded supply of cotton for the North, and would continue to increase the amount of slaves within the United States.

  • Samuel Slater will open the first textile factory in Rhode Island

What Led to the Market Revolution?

Territorial expansion would cause the movement of Native Americans Westward. This would lead to the Trail of Tears, enacted by Andrew Jackson.

From 1798 and 1808, almost as many enslaved people would be brought to the United States as of the past 150 years in a mere 20 years.

Hamiltonian Economic Ideology would influence the idea of the government continuing to support the booming economy.

Transportation would greatly increase as hundreds of miles of railroad are established beginning in the 1820’s. Waterways(canals), would be utilized as a form of transportation and a source of trading.

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Market Revolution -1820

What was the Market Revolution?

Instead of making goods at home, such as clothing and furniture, goods are produced within factories. The only reason for goods to be made in the home were to be sold at markets.

1793-1860 →1860-1865 →1876-1900

Market → Civil War → Industrial Revolution

Why?

The cotton gin, created by Eli Whitney, would become the first invention to begin the Market Revolution in the year 1793. Supplied by the South, the North would benefit off of the labor of slaves to produce shirts, and other textiles. Slaves would continue to supply the highly demanded supply of cotton for the North, and would continue to increase the amount of slaves within the United States.

  • Samuel Slater will open the first textile factory in Rhode Island

What Led to the Market Revolution?

Territorial expansion would cause the movement of Native Americans Westward. This would lead to the Trail of Tears, enacted by Andrew Jackson.

From 1798 and 1808, almost as many enslaved people would be brought to the United States as of the past 150 years in a mere 20 years.

Hamiltonian Economic Ideology would influence the idea of the government continuing to support the booming economy.

Transportation would greatly increase as hundreds of miles of railroad are established beginning in the 1820’s. Waterways(canals), would be utilized as a form of transportation and a source of trading.

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