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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They lowered the average quality of American manufactured goods.
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They decreased the number of American manufactured goods.
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They reduced the need for unskilled workers in manufacturing.
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They brought down the price of many manufactured goods
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Detailed explanation-1: -What effect did technological advances such as the steamboat, cotton gin, and the introduction of interchangeable parts have on the American economy? They brought down the price of many manufactured goods.
Detailed explanation-2: -With the creation of identical, interchangeable parts, unskilled workers could find employment in factories, the production of goods could be greatly increased, and repair and replacement of parts became much easier.
Detailed explanation-3: -Steamboat River Transport. Steamboats proved a popular method of commercial and passenger transportation along the Mississippi River and other inland U.S. rivers in the 19th century. Their relative speed and ability to travel against the current reduced time and expense.
Detailed explanation-4: -The Industrial Revolution shifted from an agrarian economy to a manufacturing economy where products were no longer made solely by hand but by machines. This led to increased production and efficiency, lower prices, more goods, improved wages, and migration from rural areas to urban areas.