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grew, though, the dependence of the corporations on the
states for investments declined.
*Improvements in Transportation*
- Following the War of 1812 the states invested in roads,
canals and railroads. This increased the importance of
the northeastern seaboard cities, which were already
financial centers, by centralizing exports from the South
and West there. By contrast, the South spent little $ on
transportation and stayed rural.
- Water routes were the primary modes of transportation,
but as settlement moved beyond the major rivers new
methods of transportation were developed: National Road – this highway began in Maryland
and reached Ohio in 1833. 86 Erie Canal – completed in 1825, the canal linked
the Great Lakes with NYC and set off a wave of
canal building across the country. Railroads – as investment in canals fell in the
1830s, railroad construction boomed [but it was
not until the 1850s that long-distance service was
offered at good rates].
- New technology reduced travel time and shipping
greatly, stimulating the economy. *Sectors of the Market Economy: Commercial Farming*
- Agriculture still remained the backbone of the economy
in the market economy era – it just changed from selfsufficient household units producing enough for their
sustenance to larger, market-oriented ventures.
- Each areas of the country began to specialize its
production, as follows: New England – due to a lack of space and bad
terrain, commercial crop farming became
increasingly impractical in NE beginning in the
1820s. Instead, NE families improved their
livestock, specialized in dairy/vegetable/fruit
production [financed through land sales, which
really was the greatest source of profit], moved
west, or gave up on farming altogether. Old Northwest/Western Territories – this region
took over the commercial crop farming from NE.
Large, flat farms were formed, and the
mechanization of agriculture helped enormously.
In 1831 Cyrus McCormick invented the reaper,
which he patented in 1834 and began making in a 87 factory, and in 1837 John Deere invented...
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This note was uploaded on 04/02/2014 for the course APUSH AP United taught by Professor Orban during the Fall '10 term at Harrison High School, Harrison.
- Fall '10