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US 11
Chapter 8 Growth of a National Economy
Term | Definition |
---|---|
Industrial Revolution | Increased production by using machines rather than humans or animals; British machinist migrated to U.S. and brought knowledge in late 1700s |
interchangeable parts | system of manufacturing in which all parts are made to exact standard for easy mass asssembly |
cotton gin | machine that separates seeds from raw cotton fiber |
patent | a license that gives an inventor the exclusive right to make, use, or sell an invention for a period of time |
Market Revolution | shift from home-based economy to one based on money and buying/selling of goods |
free enterprise system | economic system characterized by private or corporate ownership of capital goods |
investment capital | money that business spends in hopes of a future gain |
bank note | piece of paper that a bank issues to its customers that can be exchanged for gold or silver |
industrialization | development of industry |
tenement | crowded apartments with poor living conditions |
labor union | worker organization formed to protect the new members insterests (steel workers union) |
labor disputes | poor working conditions in factories, low wages, poor safety conditions |
cotton belt | 1850s name for band of states from S. Carolina to Texas that relied on cotton for economy |
Turner's Rebellion | unsuccessful slave revolt led by Nat Turner in 1831; result was restrictions on slaves were tightened (could not learn to read/write, nor move freely around or gather and beaten or hung for rebellions) |
Dartmouth College v. Woodward | 1819 case in which the Supreme Court ruled that states could not interfere with private contracts |
McCulloch v. Maryland | Supreme Court cased ruled that Congress has the authority to take actions to fulfill its constitution |
Monroe Doctrine | U.S. would oppose efforts by any outside power to control a nation in Western Hemisphere |
American System | combination of gov't backed economic development and protective tariffs aimed at encouraging business growth |
Election of 1824 | controversial election over economic problems, spread of slavery, and other issues leading to conflict among Jeffersonian Republican party |
spoils system | practice of giving appointed offices as rewards from the successful party in election |
Tariff of 1828 | a high tariff on imports that benefited the industrial North while forcing Sounterner's to pay higher prices on manufactured goods |
Indian Removal Act | 1830, law calling for the President to give Native Americans land in parts of the Louisiana Purchase in eschange for land taken from them in the East. |
Trail of Tears | the fosed movement of cherokees in 1838 to land west of the mississippi river. |
Black Hawk War | uprising led by a warrior named Black Hawk in witch Nattive Americans tried to reclaim their land in the Illinois Territorry. |
Second siminole war | 1835 war in witch the Seminoles tried to retainn their land in Flordia. |