Rise and Impact of the Market Economy

 

Introduction:

           

The rise and impact of the market economy occurred between the end of the war of 1812 and the Civil War.  It was a time of uprising for America.  Some of the changes included a vast improvement in transportation, growth of factories, and important development of new technology to increase agricultural production.  Americans advanced into new areas and produced an agricultural surplus that went form subsistence to market farming.  In the nineteenth century, manufacturing was the most important factor because it brought about industrialization.  Development of both economic and technological advances also brought about the changes to the American society. 

 

Standards:

 

I.                    California History Standards (5.8) (Students trace the colonization, immigration, and settlement patterns of the American people from 1789 to the mid 1800’s, with the emphasis on the role of the economic incentives, effects of the physical and political geography, and transportation systems).

 

California History Standards (8.6) (Students analyze the divergent paths of the American people from 1800 to the mid-1800’s and the challenges they faced, with emphasis on the Northeast). 

 

II.                 Introduction to the Market Revolution

-sig. gives students a basic background of the Market Revolution and explains why the Market Revolution is important in America’s history.

-sig. helps students understand how the Market Revolution was influential in the formation of America’s present-day economy.

           

A.     Economic Growth

-sig. provides students with an understanding of what type of economic growth occurred during the Market Revolution.

-sig. students will learn several of the economic changes that took place during this time.

B.     Factors that influenced the Market Revolution

-sig. students will understand which factors contributed to the start of the Market Revolution and why each factor was important to the rise of the Market Economy.

                1. War of 1812

-sig. provides the students with an understanding of why the War of 1812 was important to the start of the Market Revolution.

a.       the embargo and the war itself stimulated manufacturing in America

b.      Europeans sought to invest in America after the war

c.       the war experience led the federal government to adopt new policies designed to increase economic expansion

i.                     tariff protection

ii.                   federal support of internal improvements

iii.                  renewal of the National Bank

    2. Agriculture

            -sig. students will learn how the introduction of new staple crops and

            farming equipment in America contributed to the start of the Market

            Revolution.

a.       introduction of new staple crops

b.      important advancements in farming equipment

     3. Transportation Revolution

            -sig. students will understand what the Transportation Revolution was and

why it was needed before the Americans would be able to have a true market economy.

-sig. students will learn about a variety of technological advances in the field of transportation that allowed America to trade with distant markets, which greatly impacted America’s market economy and contributed to the start of the Market Revolution.

a.       necessary for a true market economy

b.      new methods of transportation

i.                     railroads

ii.                   canals

iii.                  steamboats

c.       achievements/outcomes of the Transportation Revolution

d.      map as secondary source

-sig. shows the routes of transportation in America in 1840.

 

PRIMARY SOURCE:  Frances Anne Kemble, A Railroad Journey South (1838)

                        -sig. a railroad passenger describes her journey southward during the

                        Transportation Revolution.

                        -sig. allows students to learn about the Transportation Revolution from a

                        primary source and experience the Transportation Revolution through the

                        eyes of an actual participant.

II.                 Textile Factories

1.        Wealthy merchants established the first textile factory at Waltham, Massachusettes

a.       renamed Lowel

-sig. achieved highly profitable operations

 

1.      Cloth was the first manufacturing process to make significant use of the new technology. 

-sig. students will understand that cotton began from the opening of the bales, to weaving cloth, and then the machines did all the work.

 

III.               Lowell Mill

 

1.   Built on waterpower

a. developed the power of Merrimack River to run the mills

2.      Built several canals and dams

-sig. understand why more were built (they used the water for energy)

a.  provides a regular flow of water down the river. 

3.      Not always beneficial

a. dams flood farmlands

b.      devastated fish population

4.      Lowell Mill Employers

a.    did not want to rely primarily on child labor

-sig. shows how the employers hired daughters of New England families.

5.      Created jobs for women

 -sig. women found the possibility of economic independence

-sig. women were the first factory workers in the United States

a.       women were paid decent

-sig.  students will understand what women had to go through in order to make decent money at that time

b.      lived under very strict rules, long hours of tedious, repetitive work

c.       pay cuts

-sig. understand why women left the job and why they hired immigrants to replace them

 

PRIMARY SOURCE: A mill worker describes her work and life (1844)

 

a.  Changing Character in the Work Force

-sig. students will understand how immigration took over

a. owners found they could do without the Yankee women altogether.

-sig. newcomers were desperate for jobs and would accept lower wages than women.

b. Irish replaced women in the mills

-sig. made American society more diverse

 

IV.              Communities of the Market Revolution

1.      Rural Community

a.       Farming in the east

b.      Old northwest

c.       Agriculture and the Environment  

 

-sig. agriculture was still the country’s primary economic activity and farms still   made up most of the exports

2.      Urban Community

a.       Class Structure in the cities

b.   Urban Working class

PRIMARY SOURCE: A diary entry from a Philadelphia shopkeeper by the name of Joseph Still

                  c.    Middle-Class Life and Ideals

 

-sig. allows students to see a difference between urban community compared to that of rural community

 

V.                 Lesson Plan

1.  Lowell and the Factory System