PP_Slides_Class_4_Wednesday_January_16

PP_Slides_Class_4_Wednesday_January_16 - Good Afternoon!...

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Good Afternoon!! Class 4 Wednesday, January 16
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1. What was the most influential factor in our economic development during the 19 th century? a. the abundance of capital b. the abundance of labor c. mass production d. the abundance of land
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19 th Century 1800s Agriculture limitless supply of land 9/10 people lived on farm lots of immigrants
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Civil War 1860-1864 North was manufacturing, had high tariffs against British goods, opposed slavery South was agricultural, paid higher prices because of tariffs when bought goods from North, had slaves
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1. The transcontinental railroads were completed in the 25 years a. before the Civil War b. after the Civil War c. after 1890 d. after the 20 th century began
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Transcontinental Railroad 1850 10,000 miles of track 1890 164,000 miles of track made mass production possible bypassed the South
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1875-1900 Industrial Capitalists Carnegie, Du Pont, McCormick, etc. early 1900s US shifts to manufacturing from agriculture only 4/10 people on farm now
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1. The low point of the Great Depression was reached in the year a. 1929 b. 1931 c. 1933 d. 1935 e. 1937
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20 th Century 1900s World War I Aug 1914 – Nov 1918 Roaring Twenties 1921 – 1929 Great Depression Aug 1929 - Mar 1933
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1. Each of the following were created under
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This note was uploaded on 03/31/2008 for the course ECON 202 taught by Professor Amsler during the Spring '08 term at Michigan State University.

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PP_Slides_Class_4_Wednesday_January_16 - Good Afternoon!...

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