Prelim #3 - econ class notes final

Prelim #3 - econ class notes final - 11/4 I) Territory,...

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11/4 I) Territory, Population, size A) 1783: relatively small fraction of today 1) Disorganized/overlapping western land (a) Eventually handed over to central government Beginnings of public domain B) Rapid expansion: by 1853 resembles today’s US 1) Louissianna purchase: 1 st major acquisition 1803 (a) Doubles US size 2) Florida: 1810-1819 (a) Seizing and buying 3) Major acquisitions in 1840’s (a) Republic of texas in 1845 (b) Oregon in 1846 Initially shared with Great Britain (c) Mexican cession 4) Garden purchase 1853 5) Minor purchases (a) Purchases of Britain Minnesota Order of main Eventually gained by treaties 6) Extensive open space 7) Native American policy (a) Do not seize territory from them without consent Create enormous problem for US and natives (b) Initially dealing with them view as a matter of defense against Britain and spain Important buffer and ally (c) Aggressive stance taken in old US states and in the northeastern territory Wars concluding in treaties where NA’s give up land rights (i) Treaty of Greenville (land in ohio) (d) Sometimes buy territory from indians Trading belt, NW down Mississippi river (i) Bought native American goods, sold NA US made goods o Market for american products o Privatized until 1822 (e) Assimilation Attempts at assimilating indians into American culture and way of life (f) Eventually consolidated into a policy of dispossession by “mutual consent”
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Often forced to sign treaty (g) War of 1812 Indians allied with the british gives US an excuse to strong-arm them (h) Native American policy and state/federal relations Constitutions states that Fed. Gov. is in charge (i) Gets land ceded to us from indians (ii) States go against this and often deal with them themselves directly to drive them out Battleground for this issue (i) Consensus that these people will be removed (by 1840) (j) Lands dispossessed extremely rich agriculturally Targets of massive internal migration (i) The “Great Migration” C) Population 1) 1790 – 3.9 mill 1860 – 39.4 mill (3% growth per year) 2) Composition (a) White and non white 82% white 86% white International slave trade very small (i) Rate of natural increase on par with white natural increase Whites are migrating to US in small increments until 1840 (i) Germany in 1848 – crop failures and politics (ii) Irish potato famine – migrate in millions (iii) Immigrants largely stay in eastern cities (iv)South very small percentage (3.5%) (v) Very much land of opportunity, but also pushed out (vi)Economies of Europe and US not always in sync in the success/downturn cycle o People pushed out of Europe while the US is booming (b) Bound and unbound labor Indentured servitude is dying off (i) Cost of passage declined in relation to income (ii) Slavery persists (iii) Slave import ends in 1807, stop migrating (iv)1825: 36% of all slaves in western hemisphere o Previously important only 6% during colonies
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This note was uploaded on 06/25/2009 for the course ECON 3230 taught by Professor Tomlyons during the Fall '08 term at Cornell University (Engineering School).

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Prelim #3 - econ class notes final - 11/4 I) Territory,...

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