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U.S. History 101 Antebellum America: Economy

History36 CardsCreated 7 months ago

This flashcard set highlights Robert Fulton’s invention of the steamboat, which transformed transportation on U.S. waterways. It made trade faster and cheaper, linking Western farmers with Eastern markets and boosting economic growth.

_____ _____ invented the steamboat, revolutionizing travel on the nation’s waterways.

Robert Fulton

Fulton’s invention made it possible for farmers in the West to get their products to Eastern ports inexpensively and quickly, and for manufacturers to get their goods to the West.

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Key Terms

Term
Definition

_____ _____ invented the steamboat, revolutionizing travel on the nation’s waterways.

Robert Fulton

Fulton’s invention made it possible for farmers in the West to get their ...

Eli Whitney’s invention of the _____ _____ made it economical to use cotton to manufacture clothes.

cotton gin

Short for “engine,” the gin automatically separated cotton fibers from cotto...

What was the major source of power for the earliest American factories?


water power

Early factories were located by rivers and water power was used to operate ...

What change in business law in the early 1820s revolutionized the way in which companies raised capital?


In the early 1820s, New York permitted the formation of corporations. A corporation allows many individuals to purchase ...

The earliest factories were labor intensive, and consequently suffered from severe manpower shortages. How did they make up for these shortfalls?


Several factories hired women, some of whom worked in the Lowell System, where workers lived and labored at the factory....

How did new farming innovations such as Cyrus McCormick’s reaper and John Deere’s plow fuel the growth of urban centers?


New farming implements (and larger farms in the American West) meant that for the first time, farmers were able to produ...