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Questions and Answers
What was a major reason for the growth of American exports between 1793 and 1815?
What was a major reason for the growth of American exports between 1793 and 1815?
In the early 19th century, what was the approximate cost of moving one ton of goods thirty miles across land?
In the early 19th century, what was the approximate cost of moving one ton of goods thirty miles across land?
What was a major consequence of the market revolution in the United States?
What was a major consequence of the market revolution in the United States?
What was the main reason for the slow economic development in the United States during the 18th century?
What was the main reason for the slow economic development in the United States during the 18th century?
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What was a major outcome of the War of 1812 in terms of American infrastructure development?
What was a major outcome of the War of 1812 in terms of American infrastructure development?
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According to the 1816 Senate Committee Report, what was a major obstacle to profitable production of American manufactures?
According to the 1816 Senate Committee Report, what was a major obstacle to profitable production of American manufactures?
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What was the value of American exports in 1790?
What was the value of American exports in 1790?
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What was a significant consequence of the growth of the American economy before the Civil War?
What was a significant consequence of the growth of the American economy before the Civil War?
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Study Notes
Early Republic Economic Development
- The growth of the American economy reshaped American life in the decades before the Civil War, leading to a shift from producing goods for consumption to producing goods for sale.
- Improved transportation enabled a larger exchange network, and labor-saving technology improved efficiency and separated the public and domestic spheres.
- The market revolution fulfilled the revolutionary generation's expectations of progress, but introduced troubling new trends such as class conflict, child labor, accelerated immigration, and the expansion of slavery.
- These strains required new family arrangements and transformed American cities.
American Commerce and Exports
- American farmers increasingly exported foodstuffs to Europe during the French Revolutionary Wars (1793-1815), leading to a rise in exports from 20.2millionin1790to20.2 million in 1790 to 20.2millionin1790to108.3 million by 1807.
- High internal transportation costs hindered substantial economic development within the United States, with the cost of moving one ton of goods being $9 across the Atlantic Ocean but only thirty miles across land.
- The cost of land carriage was considered too great to allow the profitable production of American manufactures.
Infrastructure Development
- The War of 1812 led to a surge in building a new national infrastructure, including roads, canals, and railroads.
- President James Madison emphasized the importance of establishing roads and canals throughout the country in his 1815 annual message to Congress.
- State governments sponsored the greatest improvements in American transportation, while the federal government's annual expenditures on internal improvements averaged $1,323,000 by Andrew Jackson's presidency.
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Description
Learn about the growth of the American economy before the Civil War, including the shift from producing goods for consumption to producing goods for sale, improved transportation, and labor-saving technology.
