MGMT 1030 Lecture Notes - Lecture 26: Textile Manufacturing, Industrial Revolution, Cyrus Mccormick
9 May 2018
School
Department
Course
Professor
MGMT 1030
Lecture 26
The First Industrial Revolution in America (1790s to 1850s)
Colony is designed to support the mother country (wealth from the
Canada must be given to the UK)
1) Agricultural Improvements and the National Economy
➢ The importance of Southern cotton
➢ Eli Whitney and invention of cotton gin (1793)
➢ Spurred westward migration and growth of slavery
➢ Start to push out West
➢ Cotton exports accounted for more than 50% of all American
exports from 1835 to 1860
➢ Extreme import of African slaves bc of this invention
➢ 80% of cotton in Britain came from the American south
➢ Westward movement from Northern states
➢ Began to give away free (or very cheap) land westward to
combat the perception of the over-population of the East
➢ Incentives
➢ Soil exhaustion
➢ Improved farming technology
➢ Government sold land at low prices
2) Transportation and Improvements
➢ Roads
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
The first industrial revolution in america (1790s to 1850s) Colony is designed to support the mother country (wealth from the. Canada must be given to the uk: agricultural improvements and the national economy. Eli whitney and invention of cotton gin (1793) Spurred westward migration and growth of slavery. Cotton exports accounted for more than 50% of all american exports from 1835 to 1860. Extreme import of african slaves bc of this invention. 80% of cotton in britain came from the american south. Began to give away free (or very cheap) land westward to combat the perception of the over-population of the east. Government sold land at low prices: transportation and improvements. 4,000 miles of turnpike roads by 1821. 3,000 miles of canals completed by 1837. Certain canals (such as erie) made it easier (and more profitable) to transport goods across states than actually growing them in state. 30,600 miles of track in 1860: growth of industry.
