Name: Sarah Hanna Date: 2, October 2019 Cornell Notes Chapter 8 Page Numbers Reduce & then Recite - Create questions which elicit critical thinking, not 1 word answers - Write questions directly across from the answers in your notes - Leave a space or draw a pencil line separating questions You may also want to use this area record the headings of each of the Record for Review - Write headings and key words in (you may want to use a different font color) - Take sufficient notes with selective (not too much verbiage) & accurate paraphrasing - Skip a line between ideas and topics - Use bulleted lists and abbreviations - Correctly sequence information Include diagrams or tables if needed for clarification or length What was the new system for banking and credit that was created? What was the panic of 1819? What sparked it? Panic of 1819What was the system of Rural manufacturing that was in place in the Americas? The Capitalist Commonwealth A. Banks, Manufacturing, and Markets 3.Merchants, artisans, and farmers petitioned their state legislatures to charter new banks; by 1816, there were 246 state-chartered banks with $68 million in banknotes in circulation. 4.Banks issued notes without adequate specie reserves and made ill- advised loans to insiders. 5.Panic of 1819, sparked by a sharp drop in world agricultural prices, gave Americans their first taste of the business cycle—the periodic expansion and contraction of profits and employment. A new mercantilist system involving banking and credit, manufacturing, and the Commonwealth System. 2. Rural Manufacturing
What new types of technologies developed during this period? What was the new market system? What did it cause? What was the new transportation system? Why did America need a new system? Where did this new system take the people? Commonwealth SystemWhat was the commonwealth system? What was the new idea that was granted to all white men?
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- Test, Slavery in the United States, American Civil War, Republicanism in the United States, Commonwealth System