THE VIRGINIA DYNASTY 1801 1825
AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It prevented the development of industry in the Northeast
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It turned the South into a major producer of the cotton used in northern mills
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It restricted agricultural expansion in the western territories
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It increased federal dependency on tariffs for revenue
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Detailed explanation-1: -How did the plantation system influence the economic development of the United States? It prevented the development of industry in the Northeast. It turned the South into a major producer of the cotton used in northern mills. It restricted agricultural expansion in the western territories.
Detailed explanation-2: -The factory system of the Industrial Revolution introduced new ways of making products. Products could be made cheaper, faster, and in larger volume.
Detailed explanation-3: -Slavery was so profitable, it sprouted more millionaires per capita in the Mississippi River valley than anywhere in the nation. With cash crops of tobacco, cotton and sugar cane, America’s southern states became the economic engine of the burgeoning nation.
Detailed explanation-4: -The completion of the Erie Canal spurred the first great westward movement of American settlers, gave access to the rich land and resources west of the Appalachians and made New York the preeminent commercial city in the United States.