HIS271Y1 Lecture Notes - Industrial Revolution, Eth, Brining
Document Summary
His271y- lec economic and political transformation in antebellum america. Gove fed finance of construction of roads, cannels and steam boats. This allows a good east west texas. The real breakthrough in connecting the parts of eth country the railroad. 1829- first 13 miles of railroad finished- By 1840s there r 3000 miles of track, more that all of england. 1930s- cheapest method to ship is by railroad and eth cannels drift to eth back cause cannels r more expensive. More dedicated to railroad building in the northern states. Railroad make economic unification of eth states. Transportation network allow broad social change- ideas. The beginnings of eth factory system- not a full blown industrial revolution though. Provides the seed bed for the industrial revolution. Possible b/c of eth transportation revolution, increase in number of banks giving loans. Banks r trying to work independently and highly unregulated. Technological innovation also play a part in being the base of the industrial revolution.
