What was the fastest growing segment of American society prior to 1860?
Chapter 10 – 11
| Question | Answer |
|---|---|
| Prior to 1860, the fastest-growing segment in American society was the | Middle class |
| In the 1830’s, limited liability laws were developed in the United States that | Meant stockholders could not be charged with losses greater than their investment |
How did the United States grow in the 1800s quizlet?
How did the United States grow in the 1800’s? It more than doubled its territory, factories were built along the Fall Line in the Northeast, and cotton became a major cash crop in the South. New immigrants needed land, cities needed more food, and the government wanted to speed up the settlement of the United States.
What helped the US became a leading industrial power in the 1920s?
By 1920 United States was the leading industrial power in the world. Changed high voltage electricity into low voltage use for American homes. Impact of Electricity. Electricity helped businesses grow, powered machines, spurred invention of time saving appliances, & promoted outward expansion of cities.
What was the economy of the United States in 1860?
In 1860, the economic value of slaves in the United States exceeded the invested value of all of the nation’s railroads, factories, and banks combined. On the eve of the Civil War, cotton prices were at an all-time high.
What was the period between the Civil War and the industrial expansion?
The period between the American Civil War (1861–65) and the end of the nineteenth century in the United States was marked by tremendous expansion of industry and agriculture as well as the spread of settlement across the continent.
Where did most of the industrial expansion take place?
In its report on the 1890 census the Bureau of the Census declared the frontier closed. Most of the economic growth was concentrated in the Northeast, Midwest, and plains states. The South remained largely agricultural, its total industrial production totaling about half that of New York State.
How did the industrialization of the northern states affect the economy?
The industrialization of the northern states had an impact upon urbanization and immigration. By 1860, 26 percent of the Northern population lived in urban areas, led by the remarkable growth of cities such as Chicago, Cincinnati, Cleveland, and Detroit, with their farm-machinery, food-processing, machine-tool, and railroad equipment factories.