US History Unit 1.2 Market Revolution Vocab Quiz
Quiz
•
Social Studies
•
11th Grade
•
Hard
Cameron Smith
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15 questions
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1.
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1 min • 1 pt
A major economic shift in the early 1800s caused by new transportation, communication, and industrial technologies. It changed how people lived, encouraging them to consume goods produced in factories across the US, and sold in local markets, rather than create their own goods and live a self-sufficient life. The Market Revolution helped expand capitalism and consumerism, but deepened divisions between the North and South over labor and slavery.
2.
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1 min • 1 pt
A national economic plan promoted in the early 1800s to strengthen the US economy. It called for a national bank, protective tariffs, and federal funding for internal improvements like roads and canals. Supported by Henry Clay, it aimed to unite the country’s regions and industrialize the nation along the lines of Washington and Hamilton’s visions.
3.
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1 min • 1 pt
A federally chartered bank established in 1816 to stabilize the economy after the War of 1812. It regulated currency and loaned money to state banks who loaned money to people interested in starting a factory under the American System . The bank became controversial, because people saw it as favoring the wealthy, and was later opposed by Andrew Jackson during his presidency.
4.
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1 min • 1 pt
A tax on imported goods, used as part of the American System to protect American industries from foreign competition. It raised prices on cheap foreign products, encouraging people to buy more expensive domestically made goods. This policy often caused tension between the industrial North, which supported it, and the agricultural South, which opposed it due to higher costs.
5.
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1 min • 1 pt
Government-funded projects to build and improve transportation systems like roads, canals, and railroads as part of the American System. In the early 1800s, these efforts aimed to connect distant regions, boost trade, and support westward expansion. While supported by many in the North and West, they sparked debates over federal versus state responsibility and the use of public funds.
6.
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1 min • 1 pt
A period of major economic change in the early 1800s when the US shifted from handmade goods to machine-made production. Centered in the North, it led to the growth of factories, cities, and wage labor. New inventions and technologies boosted manufacturing and transportation, transforming how Americans worked, lived, and produced goods.
7.
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1 min • 1 pt
A powerful machine that used steam to generate energy, transforming transportation and industry in the early 1800s US. It powered boats and locomotives, making travel and shipping faster and more efficient. The steam engine helped connect distant regions, boosted trade, and supported the country’s rapid industrial and economic growth during this period.
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