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Market Society

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Market Society 9.2 New England Reasons for industry. Farming difficult (labor) Fast streams (power machines) Great ports (shipping materials) Wealth (investment) The ... – PowerPoint PPT presentation

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Title: Market Society


1
Market Society
  • 9.2

2
New England
  • Reasons for industry.
  • Farming difficult (labor)
  • Fast streams (power machines)
  • Great ports (shipping materials)
  • Wealth (investment)

3
The Factory
  • 1790 Samuel Slater 1st textile factory (RI)
  • 1836 Lowell (MA) Factory Town
  • Factories for all phases to textile industry
  • 1850 52 mills employ 10,000 workers

4
American System of Manufacturing
  • Eli Whitney
  • Mass production
  • Interchangeable parts
  • Standard finished products

5
Beginning of Mass Production
  • Artisan tradition declines
  • Large workshops
  • Subdivision of tasks
  • Increased supervision

6
  • 1840s steam power
  • 1850s factories are producing tools, firearms,
    shoes, clocks, ironware, farm machines

7
Commercial NW Farms
  • Focus on markets in the East
  • Fueled by transportation
  • credit
  • New machinery 1831
  • Steel plow (John Deere)
  • McCormick reaper
  • 1840-1860 wheat tripled
  • Farmers have some
  • Eastern farmer focus on dairy, fruits, veggies
    for cities

8
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9
Growth of Cities
  • West
  • Cincinnati slaughterhouses
  • Chicago was a RR center that shipped farm
    products east.
  • 1820-1860 cities grow all over

10
Slaughterhouse
11
Cincinnati 1840s
12
Great American Ballpark
13
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14
The Industrial Worker
  • More work time less leisure time
  • Labors price changes to wage
  • clock time (factory RR)
  • Factory work attracts few native men
  • freedom white, male, independent
  • Un-free people
  • Women, children, immigrants

15
Lowell Girls
  • Single, farm daughters 13-30
  • Boarding houses, strict rules, lectures, church,
    newsletter
  • Experience a form of independence.
  • Girls usually work for a couple years until they
    marry.

16
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17
Legal Foundation for Business Growth
  • Corporate charter
  • Special privileges powers
  • Limited personal liability
  • Raise more
  • general incorporation laws

18
  • Dartmouth College v. Woodward (1819)
  • Charters are contracts
  • Gibbons v. Ogden (1824)
  • Rejects state-sponsored monopoly
  • Companies not responsible for property damages
  • Employer power in workplace
  • Criminalization of strikes

19
Tocqueville
  • 1830s energetic, materialistic, busy
  • In the US a man builds a house in which to spend
    his old age, sells it before the roof is on he
    plants a garden and rents it just as the trees
    are coming into bearing he brings a field into
    tillage leaves others men to gather the crops
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