CP

The MARKET REVOLUTION in America—INDUSTRIALIZATION [APUSH Review Unit 4 Topic 5] Period 4: 1800-1848

Understanding the Market Revolution

Definition

  • The Market Revolution was the integration of northern industries with western and southern farms.

  • Driven by advances in transportation, agriculture, and industry.

  • Signified America's shift from an agrarian society to a capitalist economy.

Innovations in Transportation

National Road

  • Known as the Cumberland Road, it connected Maryland to Illinois, spanning approximately 1,000 miles.

  • Paved road facilitated the movement of goods across state lines - an accomplishment during a time when states were hesitant to accept responsibility for federal roads.

Canals

  • Canals are artificial waterways designed to enhance trade.

  • The Erie Canal, completed in 1825, linked western farms with eastern manufacturing, sparking a canal-building boom nationwide.

Steamboats

  • Innovations in steamboat technology allowed for reliable transport in both downstream and upstream directions.

  • Enabled efficient shipping of goods and raw materials along rivers, revolutionizing trade logistics.

Railroads

  • By the 1820s and 30s, railroads swiftly replaced canals as the primary mode of transportation.

  • Government incentives, including loans and land grants, accelerated railroad expansion and connectivity among regions.

Innovations in Industrial Technology

Patent Laws and Interchangeable Parts

  • New patent laws encouraged innovation by protecting inventors' rights.

  • Eli Whitney introduced interchangeable parts, starting with gun manufacturing, allowing for easier repairs and mass production.

Birth of the Factory System

  • The factory system emerged in the 1820s due to the ability to mass-produce parts using unskilled labor.

  • Increased availability of manufactured goods transformed consumer habits and market dynamics in America.

Innovations in Agriculture

Cotton Gin

  • Eli Whitney's cotton gin vastly improved the speed of separating cotton fibers from seeds.

  • Revolutionized southern agriculture by increasing cotton production and profitability.

Shift from Subsistence to Commercial Farming

  • Early 1800s saw a transition from subsistence farming (growing food for personal consumption) to commercial farming (growing cash crops).

  • Cash crops like cotton and tobacco were grown primarily for trade rather than personal use.

Linking American Farms to Global Markets

  • Increased demand for southern cotton, especially from British textile factories, connected American farms with both national and international economies.

Conclusion

  • Innovations in transportation, agriculture, and industry created a more interconnected economy across different regions of America, establishing both domestic and international economic ties.