Notes oct 24

Notes oct 24 - Market Revolution I Transportation and the Natl Economy a New Roads i Philiadelphia and Lancaster Turnpike Company sparked an

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Market Revolution I. Transportation and the Nat’l Economy a. New Roads i. Philiadelphia and Lancaster Turnpike Company sparked an explosion b. Water—canals and streams i. Steamboats allowed for two way travel on the Mississippi ii. Erie Canal : opened in 1825, 363 miles long 1. With the amount of goods it was able to carry, convinced people that canals were good 2. Sparked a boom in the area c. Railroads i. ii. By 1840 over 3000 miles of track iii. By 1860 over 30000 miles of track iv. First trains used wood fuel that caused sparks and were very dangerous v. Trains often had to stop because there wasn’t a standard gage II. Advance of Industrialization a. Began in England i. Involved development of machines, transportation, factories ii. Before the industrialization, markets were localized, and families often made everything themselves—trading occurred through a barter system b. Early manufacturing – putting out system
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c. Textile mills i. Sprang up particularly in new England and mid atlantic states
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This note was uploaded on 09/22/2008 for the course HIST 127 taught by Professor Staff during the Spring '08 term at UNC.

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Notes oct 24 - Market Revolution I Transportation and the Natl Economy a New Roads i Philiadelphia and Lancaster Turnpike Company sparked an

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