Crash Course #12 The Market Revolution

What happened during the Era of Good Feelings?

• There was only one political party

• People became more religious

• Toleration of different ethnic groups increased

• Income levels rose

What happened during the Market Revolution?

• People made more goods for themselves

• People began producing goods for sale

• Workers revolted against owners

• The stock market crashed

Prior to the 1800s, what was the most efficient way to get goods to eastern markets?

• Travel over the Appalachian Mountains

• Sail on the Great Lakes

• Sail down the Mississippi

• Use a stagecoach through Kentucky

How did the government get money for new roads?

• Taxes

• Tolls

• Donations

• Inheritance

What did Robert Fulton invent?

• The electric engine

• The airplane

• The lightbulb

• The steamship

Which waterway connected Buffalo to Albany?

• The Hudson River

• Lake Ontario

• The Erie Canal

• Niagara Falls

How did the telegraph affect markets?

• You could tell when products would arrive

• You would know if a war was over

• Transportation was made quicker

• Settlements would spring up along canals

What powered early factories?

• The sun

• Animals

• Wind

• Water

Which business model aided in the construction of factories, canals, and railroads?

• Corporation

• Trust

• Pool

• Proprietorship

Prior to the Market Revolution, where was most work done?

• At home

• In a factory

• Outside

• In the city