The Changing American EconomyFarhat Khairzadah , Brendon Tabofunda,
Joshua Dural, Christian Allamby, Ekam Singh, Deanica Viacrusis
The American System
0 Henry Clay0 Three Parts in his system
0Tariff to protect and promote American industry
0National Bank for commerce0 Federal Subsidies for ‘internal improvements’
to develop profitable markets for agriculture0 Said was a great success
0 Tariff0 Taxes on imports and exports0 Support for high tariffs
0What was it?0 A plan to strengthen and unify the
nation0 New form of federalism
The Transportation Revolution
0 Erie Canal0 Reached out 363 miles along the
Hudson River0 Made it possible to ship wheat, meat,
and other products from interior to urban centers of the East0Water was one of the best
transportation methods available
0 Baltimore and Ohio Railroad0 One of the oldest and largest
railroads0 Carried steel, coal, and other products
Produced the rapid growth of towns and cities.
Economic Change in the Northeast
0Samuel Slater0 First mill in US
0Sped up the cotton tread0 “Rhode Island System”
0Hired families within the area
0Eli Whitney and Interchangeable Parts0 First to use interchangeable parts0 Machinery was made more fixable
Economic Change in the Mid-West
0Cyrus McCormick0 Father of modern agriculture0 Creator of mechanical reaper
0Ended long hours of field work0Less workers needed
0 Indian Removal0 Natives move west0 US people gain more land
0More land to farm on0 Better economy
Economic Change in the South
0Cotton Kingdom0 Cotton plantations from
0South Carolina to Alabama0Mississippi to Texas
0 Enough cotton to sell outside of the US0Slave Trade
0 Cotton plantation = work0The slaves were traded into the US to work in the fields
Works Citation
0 http://www.senate.gov/artandhistory/history/common/generic/Speeches_ClayAmericanSystem.htm
0 http://www.u-s-history.com/pages/h278.html0 http://www.plantcitymarket.com/uploads/1/4/9/9/14991428/5377446_orig.png0 http://transportationrevolutionproject.weebly.com/uploads/1/9/0/7/19070127/
3262104_orig.jpg0 http://transportationrevolutionproject.weebly.com/uploads/1/9/0/7/19070127/879
8969.jpg
0 https://upload.wikimedia.org/wikipedia/commons/thumb/5/5f/Cotton_gin_harpers.jpg/790px-Cotton_gin_harpers.jpg
0 http://www.begbiecontestsociety.org/300%201888fattened300.jpg0 https://socialchangecourse.files.wordpress.com/2014/10/img593gunparts.gif