PREVIEWList your favorite technological
inventions that make your life easy! 5+
TheIndustrial Revolution
What does Industry mean?
Economic system of taking raw materials and creating manufactured goods
What does Revolution mean?Ex: American Revolution
French Revolution
A Big Change
What does Industrial Revolution mean?
A big change in the way we manufacture goods
Moving from producing raw materialsto producing manufactured goods
I. Manufacturing in America BEFORE the Industrial Revolution
Economy based on Industryand Manufactured Goods
Economy based on Agriculture, farming and cash crops
(plantation system)
Remember…most people lived on small farms at this time. Getting goods was not easy, so they grew and made what they needed themselves if the
could.
Encourages creativity
Benefits hard
workers
Allows you to move social
classes
Free Enterprise system (Capitalism)
1- Limited Government interferenceThe Government mostly stays out of making economic decisions
2- Prices determined by Supply and Demand
3- Private owners receive profits
CAUSES OF THE
INDUSTRIAL REVOLUTION
Henry Clay proposed that the Federal Government spend revenue to construct roads, canals, railroads & bridges.
The American System
Made it cheaper & easier to move people & goods to distant markets
Encouraged National Unity
Opened larger markets for our products
Stopped all trade to Europe
The Embargo Act of 1807
Caused America to rely on itself to manufacture our own goods
Stopped all trade to Europe
The War of 1812
Showed that America was a powerful nation
With a partner, read the Inventions strips and fill in your graphic
organizer
TECHNOLOGICAL INNOVATIONS