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Why Did the Northern Industrial Economy Grow So Quickly?
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Rise of The Republican Party
Why Did Slavery Become The Cornerstone of The Agrarian South?
Republicans, or abolitionists, formed in the mid 1800s solely to destroy slavery. They were a fundamentally new party of representatives from the North who advocated on behalf of the slaves. Democrats, or Southern representatives, strongly disagreed with the ideals of The Republican Party.
Republicans wanted to place tariffs in order to fund national industries, and abolish slavery, the South's number one asset.
-Slaves were essential to the Southern Economy because they were a free source of labor to fuel a growing cash crop, the cotton industry.
The Panic of 1857
-Slaves were so important to the southern economy that they were willing to secede from the union to keep them. The south also wanted to secede form the union in order to strengthen their own economy. They branded the idea as ,"King Cotton". Southerners even lobbied to get Europe and Great Britain on their side by not exporting their cotton.
The Northern Economy became so successful with its production of goods in factories that it no longer relied on the goods of European countries.
This sudden prosperity brought about by the industrialization of America caused the US to stop buying internationally. Britain suffered as well as other countries because it had all these goods, and a non-existent buyer.
It started on August 24th, 1857 when a hurricane hit a shipment of gold from California on its way to pay off debts.
This is why Southerners responded to the demands of the Republicans with violence and promises of secession.
Regional Economies
-The Panic of 1857
-King Cotton
-Rise of the Republican Party
-Southern Response
Why Did the Northern Industrial Economy Grow So Quickly?
-The Northern Economy rose drastically as a result of industrialization. Several inventions, such as interchangeable parts, the assembly line, and the telegraph transformed the North into a more factory-oriented society.
-The North did most manufacturing in mills and factories. The South's only big exploits were tobacco and cotton, which they did not manufacture into store-bought items.
The Transcontinental Railroad stretched from Missouri to the Pacific in San Francisco. It was made to further the transport of goods and to unite the Eastern U.S. with the Western territories. It was a critical pinnacle in the Northern economy as it enabled the transportation of more resources.