American Commerce in the 18th Century
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Questions and Answers

What was the value of America's exports in 1790?

  • $20.2 million (correct)
  • $10.2 million
  • $100.2 million
  • $50.2 million
  • What was the main obstacle to substantial economic development within the United States in the early 19th century?

  • Dependence on agricultural exports
  • High tariffs on imported goods
  • Exorbitant internal transportation costs (correct)
  • Lack of investment in manufacturing
  • What was the average yearly expenditure on internal improvements by the federal government during Andrew Jackson's presidency?

  • $1,323,000 (correct)
  • $3,000,000
  • $1,000,000
  • $2,000,000
  • Which event prompted Americans to build a new national infrastructure?

    <p>The War of 1812</p> Signup and view all the answers

    What was the cost of moving one ton of goods across the Atlantic Ocean in 1816?

    <p>$9</p> Signup and view all the answers

    Who emphasized the importance of establishing roads and canals under national authority in his 1815 annual message to Congress?

    <p>President James Madison</p> Signup and view all the answers

    What was the value of America's exports by 1807?

    <p>$108.3 million</p> Signup and view all the answers

    Which level of government continued to sponsor the greatest improvements in American transportation?

    <p>State governments</p> Signup and view all the answers

    Study Notes

    American Commerce in the 18th Century

    • American farmers exported foodstuffs to Europe during the French Revolutionary Wars (1793-1815)
    • American exports increased from $20.2 million in 1790 to $108.3 million by 1807

    Internal Transportation Costs

    • High internal transportation costs hindered economic development in the United States
    • In 1816, it cost $9 to move one ton of goods across the Atlantic Ocean, but only thirty miles across land
    • An 1816 Senate Committee Report stated that the price of land carriage was too high for profitable production of American manufactures

    Building National Infrastructure

    • After the War of 1812, Americans built new networks of roads, canals, and railroads
    • President James Madison emphasized the importance of establishing national roads and canals in his 1815 annual message to Congress
    • Federal government's annual expenditures on internal improvements averaged $1,323,000 by Andrew Jackson's presidency
    • State governments continued to sponsor the greatest improvements in American transportation

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    Description

    Explore the growth of American exports and internal transportation costs during the French Revolutionary Wars and beyond. Discover how transportation costs impacted economic development in the United States.

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