Questions to answer
Answer these questions digitally, on paper, in your head, or some combination.
1. The U.S. began to transition from an ___ economy to an ___ economy in the late 18th century.
2. Why did the U.S. take up the Industrial Revolution later than Britain?
3. What happened to the standard of living?
4. Describe the “Outwork System.”
5. Describe the “Factory System.”
6. What are the three key parts of the Industrial Revolution?
7. What is meant by the “Market Revolution.”
8. What led to an economic collapse in 1819? Look for five elements.
9. Name one positive and one negative aspect of a dynamic capitalist economy.
10. What “lay at the heart of the nation's new political economy”?
11. Name three infrastructure elements that encouraged economic development.
12. What is the most famous state infrastructure project?
13. Provide five details about the Erie Canal.
1. The U.S. began to transition from an ___ economy to an ___ economy in the late 18th century.
2. Why did the U.S. take up the Industrial Revolution later than Britain?
3. What happened to the standard of living?
4. Describe the “Outwork System.”
5. Describe the “Factory System.”
6. What are the three key parts of the Industrial Revolution?
7. What is meant by the “Market Revolution.”
8. What led to an economic collapse in 1819? Look for five elements.
9. Name one positive and one negative aspect of a dynamic capitalist economy.
10. What “lay at the heart of the nation's new political economy”?
11. Name three infrastructure elements that encouraged economic development.
12. What is the most famous state infrastructure project?
13. Provide five details about the Erie Canal.