Rise of Industry

Rise of Industry

Rise of Industry

1) Economic Development in the North: Northern economy prospered by the Civil War A) Industries created by the war

Transportation Energy Communications Need for more workers labor (to produce)

Rise of Industry

B) Effect on Northern farming: Many farmers became bankrupt or were bought out. Farms now forced to become bigger. Now fewer farmers could produce more

C) The north was industrializing again

Rise of Industry

2) Economic developments in the South: Southern economy was devastated by the Civil War. A) Changes created by the war

Slavery was over, this killed cheap labor Plantations were restructured Railroads were being built

Rise of Industry

B) Tenant Farming: Farming someone else’s land, not for $ but for food. Farms stayed big but a landowner was in

charge C) The New South: Some southern

leaders were pushing for industry. Railroads built, oil drilled, coal/iron

mined, steam power produced.

Rise of Industry

3)Railroads and Industrialization: Sparked a rise on industry in all of U.S. A) more and more north/south RR were

being built B) Southern RR were being rebuilt

Rise of Industry

C) Effects of RR construction: Iron and steel mills grew Cotton/tobacco/iron production

increased Coal mining increased Northern investment increased Railroads were profitable once built