Lecture 10-12-09

Lecture 10-12-09 - Lecture October 12, 2009 THE DEVELOPMENT...

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October 12, 2009 THE DEVELOPMENT OF THE CENTRALIZED ECONOMY AFTER THE CIVIL WAR One central idea of the Republican party in the 1860s was to end the economic advantages of the slave economy. But these Northerners also wanted to encourage the growth of their economic base which was in industry, not in agriculture. The Civil War stimulated manufacturing and industrial production, which was also good for the North. This led to increased protections for corporations in federal laws and judicial cases, helping spread industry over agriculture (remember what deToqueville said about why Americans prefer industry?). Map of States joining the Union . http://upload.wikimedia.org/wikipedia/commons/1/14/US_states_by_dat e_of_statehood2.gif Map of years of admission of states. http://www.1uptravel.com/worldmaps/history-us29.html Westward Expansion The second half of the nineteenth century saw great population growth in the West, the development of agriculture there and the discovery of vast raw materials. Westward expansion was financed by the East coast banking
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Lecture 10-12-09 - Lecture October 12, 2009 THE DEVELOPMENT...

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